Queensland’s building regulator has suspended the licence of a national development company as it battles wind-up action and its director faces mounting support to bankrupt him.
Kathleen Skene Follow 2 min read March 1, 2024 - 3:00PM
Gold Coast Bulletin
Queensland’s building regulator has suspended the $240m licence of national development company Descon Group Australia as it battles wind-up action and its banned director faces mounting support to bankrupt him.
The Queensland Building and Construction Commission (QBCC) moved on Thursday night to suspend Descon for “failure to comply with an audit”.
Descon is currently building the stalled Waverley Residences highrise in Southport, which is more than a year over schedule.
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