South Australian home builder collapses owing $4.5 million

Australia News News

South Australian home builder collapses owing $4.5 million
Australia Latest News,Australia Headlines
  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Qattro Built Pty Ltd entered liquidation on Tuesday after being in operation for 15 years in South Australia.

Qattro builder has collapsed in South Australia.Twenty five people are currently employed by the business.

"Qattro Built has faced increasingly challenging operating conditions that have affected the entire industry and we have significant experience in supporting construction businesses in similar circumstances," liquidator Powell said. "I know the closure of the business will have a significant impact on its many long-term employees, clients, contractors and various local sporting clubs and charities that Qattro has strongly supported over the last 15 years... for this I apologise."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsAUS /  🏆 10. in AU

Australia Latest News, Australia Headlines



Render Time: 2025-02-25 17:39:08