Saturday, August 22, 2009

Don't confuse us with broke building company


A stigma against builders on the Fraser Coast has seen the largest home builder in Queensland - Coral Homes - suffer.

Since 1990 Coral Homes has been building houses from Bundaberg to Sydney but that has not saved the company from the building industry fallout.

Fraser Coast residents have avoided the business since Coral Coast Homes went into liquidation at the start of June because they mistakenly believe the two companies are the same.

Coral Coast Homes - which had no affiliation with Coral Homes - went bust owing about $1 million to customers and tradespeople across the Wide Bay.

Coral Homes marketing manager Glenn Kennedy is urging people to do their research and believe the company will be in Hervey Bay for the long term.

“If people do their homework they will find out that Coral Homes is one of the most reputable and trusted companies in business.”

Mr Kennedy said the family-owned business was not simply Coral Coast Homes re-branded and was not a franchise.

He understood people were cynical about the industry and that it was a sensitive issue but said trustworthy builders were being affected.

Housing consultant Trevor Lollback is based at the company's Dundowran display home and says people are avoiding the place.

“People are just confused. It really, really has affected us something terrible.”

Not only has the Bundaberg based Coral Coast Homes gone bust this year, so too have a number of Queensland companies including Cavalier Homes Hervey Bay.

Cavalier Homes (J and J Harvey Constructions) became insolvent in May, owing more than $1.5 million to sub-contractors, suppliers and customers. More than 100 Fraser Coast businesses were on the list of creditors

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