Kathleen Skene, Business editor, Gold Coast Bulletin 34 minutes ago Subscriber only
QUEENSLAND’S building industry commissioner is having another crack at the licence of veteran developer Jim Raptis, launching fresh court action against him and two of his companies.
Commissioner Brett Bassett, the Queensland Building and Construction Commission and bureaucrat Mark Wilson are appealing a Supreme Court decision in March to let Mr Raptis keep his Queensland builder licence.
The regulator has spent a year in court since threatening to cancel the developer’s licence and those of two of his construction companies, Ezra Constructions and Garnet Constructions.
The QBCC had asserted Mr Raptis should be excluded from holding a licence because two companies he used to develop the Sapphire tower at Labrador had failed with debts over $11 million.
However, Supreme Court Justice David Boddice ruled the regulator’s notices to cancel the licences be set aside because of changes to the QBCC Act which happened in 2014 and 2015, as the companies collapsed.