Troubled Perth home builder Nicheliving enters administration, almost a month after it struck a deal with the state government which stripped the company of its building registration.
Those are Projex Management and Construction, Rubix Future and Building, and parent company Nicheliving Holdings.
It comes after the company left more than 200 customers with unfinished homes, with some signing contracts four years ago. “Nicheliving Group’s development division is not affected by the appointment of the voluntary administrators and will continue on a business-as-usual basis. Homeowners are eligible to access up to $200,000 in insurance but the insurer, QBE, would not pursue Nicheliving’s directors to cover that cost.
Ms Blake said she wanted to reassure customers that any deposits paid to the company will be protected in a trust account.
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