@davedoescarpentry: Australia need to change their laws. This isnt the first and wont be the last builder to do this. Really curious how this situation would be handled in other countries? #builder #building #construction #housing #homes #housingcrisis #carpentry #tradie #tradesman #homeowner #firsthome #carpentry #davedoescarpentry

Dave Does Carpentry
Dave Does Carpentry
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Region: AU
Wednesday 12 April 2023 06:13:29 GMT
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the_bdm
Mr.BDM :
And he will just go and open a new building company in 12 months and no one will ever know
2023-04-12 08:38:11
1275
lachy.jm
Lachy M :
I’m one out of the 1700🥴🥴
2023-04-12 07:32:09
253
joshsommers4
Josh Sommers :
The houses can be finished by another builder. Other builders just have to buy the contract and the build can continue.
2023-04-12 08:48:36
1
builder_ash89
AshABG :
It’s not the ceo it’s the managing director that has $500mil his names Anthony Robert’s. I worked for PD
2023-04-12 06:50:50
464
rodbender970
rodbender970 :
The owners of Porter Davis are now bankrupt mate, they own nothing now
2023-04-12 09:16:26
2
chrisjay9711
chris :
Intentionally taking money from clients for jobs you know you won’t be able to complete should be illegal.
2023-04-12 12:24:09
428
richiebreyno
Taylor Reynolds :
Did you know the owner put 20 million of his own money into it 2 months ago to try prevent it? Or are you getting you intel off channel
2023-04-12 09:11:15
54
melbourne.made
Melbourne_Made :
and Porter Davis want any new builder that takes on their homes to pay a fee between 10-20k before work commences
2023-04-15 06:36:48
1
stevesaust
Steve SouthA :
Time to start insisting that any advances go to a trust.
2023-04-12 10:55:39
4
kickznbeats
Wok Watson :
let's just find the CEO and have "a quiet chat" to him?
2023-04-12 09:19:13
151
futurealways
Future :
the power of PTY LTD
2023-04-12 12:37:48
60
inkedscorpio07
inked scorpio :
government has introduce a national system for contract stage payments such as in Germany 🇩🇪 which will put a stop to this rot
2023-04-12 23:10:33
2
sweetpotatosuperfry
jordyn 💜 :
porter davis owes one of their timber/hardware suppliers just under 1M on 6 accounts
2023-04-12 11:48:28
1
michaelwatt69
Michael Watt69🇦🇺 :
The law needs to change to protect the owners and tradies
2023-04-13 08:07:41
4
noddy7396
noddy7396 :
Ok $500 milly but it’s not in cash in his bank a bulk of it will be in assets. He should be made to sell to pay out trades and complete the houses
2023-04-12 18:31:24
1
emmahamilton543
emmahamilton543 :
won't the clients have a state insurance scheme to finish the build?
2023-04-12 10:22:15
3
timothy___98
Timothy :
Unlikely the owners have paid out of pocket. Likely a progressively drawn down loan.
2023-04-12 11:49:03
2
j0ka1234567890
Cameron Wegener :
Can’t be that hard to find the ceos home address then distribute it to the list of owners of unbuilt homes surely…
2023-04-12 09:16:19
1
combatants1
Combatant :
Why didn’t they have building insurance?
2023-04-12 12:36:56
1
brocklanders85
brocklanders85 :
I hears someone's gonna buy it and finish all the houses and do new builds
2023-04-12 10:09:19
2
thenickminton
Nick Minton :
How much have people lost? Aren’t construction loans drawn down only when each stage is complete?
2023-04-14 01:46:09
3
judahdabeast
The big rig :
My boss is out 200000
2023-04-12 07:55:14
1
nf_build
NF.Build :
Extremely disappointing 😔
2023-04-12 09:14:45
38
primusimperatorterrae
Jou ma se poes :
and there's such a simple fix for this, they can't start a new business for 100x the amount of time they were still taking in money before liquidation
2023-04-12 14:01:01
1
shaunloney
Shaun Loney :
and the tradies trashed the houses and put the home owners further out of pocket
2023-04-12 12:10:35
4
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