A building watchdog says it is a 'very sorry day' for those affected by the company's announcement, including about 300 home owners and 70 employees.
abc.net.au/news/oracle-homes-construction-company-collapse/101368440About 300 home owners have been left with unfinished houses after a Queensland residential construction company collapsed, owing about $14 million.Affected home owners are being urged to seek support from the Queensland Building and Construction Commission and NSW Fair Trading
The owner of one incomplete home is questioning why the company was allowed to continue operating up until now In a statement, the liquidators said they understood the total creditor claims may be in the vicinity of $14 million and that close to 300 home owners would potentially be affected."The company's staff have been terminated effective from the date of the liquidators' appointment.", Queensland Building and Construction commissioner Anissa Levy acknowledged it was a very difficult time for home owners.
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