Subbies United speaks for the 521 Construction Industry small businesses that have lost a minimum of 18.3 million dollars in the Cullen Group Liquidation which was announced on 22nd December 2016. Just as we all finished work to spend Christmas with our families.
We, the Cullen Creditors and QBCC Licensees, Strongly support SUBCONTRACTORS ALLIANCE’S Les Williams call to the QBCC's Chairman Mr Williams and CEO Mr Bassett to appoint the financial investigator nominated by Subcontractors Alliance.
The call by Les Williams was in response to The Minister For Housing and Public Works, Mick De Brenni's request to the QBCC to conduct an independent financial audit of Cullen Group and other building companies insolvencies, dating back to the 2013 collapse of Walton Constructions.
Les Williams has been at the coalface fighting for justice for thousands of Queensland subcontractors since then. Many of the subcontractors he represents have lost everything in these building company collapses with little or no chance of recompense.
It is time that the QBCC listened to the majority of their license holders and that majority is the subcontractors and small businesses supporting the construction industry.
We will no longer be treated as second class citizens at the mercy of the big end of town, we demand and expect to get fair representation.
Without Subcontractors, the wheels fall off the building industry and with builders being allowed to self report their own financials, there will be many more go down taking defenceless subcontractors and small businesses with them.
We want an out of state auditor appointed, one that we know will look in all the right places.
Subcontractors Alliance has asked the QBCC to appoint the auditor of their choice. This is to ensure that Mick De Brenni's investigation on the licensing financial reporting by insolvent companies leaves no stone unturned. The result of a proper investigation should result in subcontractors finally getting some much needed financial protection.
At the moment we are at the mercy of potentially insolvent building companies and corporate crooks.
The QBCC have nothing to lose and everything to gain by agreeing to this request because we know that a proper, fearless and thorough investigation will be done to expose the true nature of the business practices that have affected nearly 3600 QBCC licenses in the last 4 years alone.
All those QBCC licensed subcontractors and the small business people of Queensland deserve that as a minimum.
Subcontractors Alliance letter to the QBCC.