South East construction companies were among the casualties in the string of large-scale builders which went into liquidation this year.
Hallam-based builder Rawdon Hill had been promoting its “thriving” business just a day before going into liquidation on 25 May and appointing Dye and Co as liquidators.
In April, Rawdon Hill advertised in Star News that it had “secure product supply” and were “here to stay”.
“We acknowledge people’s reticence in choosing a builder in the current circumstances,” general manager Peter Grant stated.
“But want to emphasise that our current and future customers are and will continue not to be impacted negatively.
“We … can say with absolute certainty that we will proudly finish every single home in our strong pipeline, while we continue to pay everyone on time, every time – guaranteed.
“Rawdon Hill Homes continues to thrive and we are searching for even more local subcontractors.
“We are here and we are ready to build now.”
Customers were plunged into turmoil in late March when Porter Davis went bust, leaving more than 1500 unfinished homes in Victoria. Other builders such as Interface Constructions have also since collapsed.
The State Government recently announced one-off compensation for 560 Porter Davis customers who signed their contracts and paid their deposits, but where Porter Davis did not take out Domestic Building Insurance (DBI), in breach of its obligations.
Grant Thornton Australia was appointed as the liquidators of 14 Porter Davis companies.
Based in Upper Beaconsfield, Kleev Homes also went into liquidation with debts totalling about $3.3 million.
