Let's Keep the Bastards Honest !!
We support Subcontractors Alliance
Receivers have moved in on an unfinished Southport apartment development, leaving more than 60 apartment buyers in limbo. Find out why Kathleen Skene Follow 2 min read May 14, 2024 - 4:00PM
Gold Coast Bulletin
Receivers have moved in on an unfinished Southport apartment development, leaving more than 60 buyers in limbo.
The Waverley Residences were under construction by Descon Group Australia, which went into liquidation last week.
Lenders for the project stepped in late on Friday..
SubbiesUnited is not “anti builder”, we support strong builders.
We are “anti theft” of hard working subbies money.
It’s not just about the builders who go broke, businesses all over Australia Liquidate every day for a variety of reasons.
It’s about the ones that engage in calculated criminal behaviour such as providing false information to the regulators or inducing subbies to work on a site when they know they cannot or are not going to pay them because of a fraudulent scheme. Its about the participation of the banks, pre insolvency advisors and builder appointed Liquidators to fraudulently defeat creditors.
Liquidators should always be appointed by creditors to ensure a thorough investigation takes place.
We want the rogues investigated and prosecuted for fraud.
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