The Queensland Building Services Authority (QBSA) says it had little choice but to suspend the licence of Bundaberg builder Coral Coast Homes after receiving scores of complaints.
The BSA says it has been investigating the company's activities for months and is concerned about its financial position and ability to service its debts.
The authority says it tried to help the business before suspending the licence, but had no option after ongoing complaints from consumers and non-payment to subcontractors and building suppliers.
BSA general manager Ian Jennings says it decided to act yesterday when the company closed its doors.
"Over the last few months we have been investigating Coral Coast Homes there have been a number of conditions that have been put on their license," he said.
"I have had conversations with the director of the company talking through some of the issues but at the moment I am concerned that we are unable to contact the director... we felt it necessary to cancel their license immediately."
Mr Jennings says the authority had to protect consumers, subcontractors and suppliers.
"Any subcontractors or suppliers out there which have concerns about this are welcome to contact the BSA on 1300 272 272," he said.
"We, at the moment, are about to write to all consumers and we will assess their entitlement under the home warranty consumer scheme."
BSA
ReplyDeleteexactly how did you help me?
Peter Meiers
I think the words I told you so. Wait until we hear that there is no money left.
ReplyDeleteso whats yer point? do yer want a medal?
ReplyDeleteEveryones a loser. Who else is going to go broke in this. Ha.Ha.Ha
ReplyDelete