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The Latest Breaking News from Porter Davis

More deposit bailout cash after home builder collapse

Victorian taxpayers will again come to the rescue of customers who lost their home deposit after the builder went belly up.

AAP

Households waiting on building insurance settlement

There was an unprecedented number of domestic building insurance claims after the collapse of builders like Porter Davis with more than 1000 claims not settled.

AAP

Fresh support for Porter Davis customers who missed out

The Victorian government has extended its support scheme for Porter Davis customers who were left out of pocket when the company went into liquidation.

AAP

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Families left in limbo as Bentley Homes collapses

Families and tradies have been left in limbo after the collapse of Bentley Homes and must wait until early next week before hearing from liquidators.

AAP

Home builder Bentley Homes slides into liquidation

Melbourne-based Bentley Homes has collapsed, citing economic pressures, with the builder abandoning further works.

AAP

Porter Davis creditor talks fail to answer debt queries

Representatives of hundreds of creditors owed millions of dollars by builder Porter Davis have met liquidators for an update on getting their money back.

AAP

Porter Davis creditors get report on builder’s collapse

Creditors for building company Porter Davis will meet with liquidators and have been handed a 240-page report on the circumstances behind its collapse.

The New Daily

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Porter Davis creditors get report on builder's collapse

Creditors for building company Porter Davis will meet with liquidators and have been handed a 240-page report on the circumstances behind its collapse.

AAP

How did the construction industry enter an insolvency crisis, and how can it get out?

The construction industry insolvency crisis is sweeping the nation, and it's devastating for both consumers and builders. So what can be done about it?

ABC News

Porter Davis liquidation leaves families with half-finished homes, as ASIC data reveals scale of construction company collapses

Mali wanted to achieve the "great Australian dream" of owning her own home. It turned into a nightmare when one of the country's largest builders collapsed.

ABC News

Builders face more scrutiny after Porter Davis collapse

Victorian construction businesses will face court action if they fail to arrange necessary insurance in time, in changes prompted by the Porter Davis collapse.

The New Daily

Liquidator has some rare good news for Porter Davis clients

Porter Davis customers will soon be able to access plans, permits and other key documents related to their build for free.

The New Daily

Eight Homes and Urbanedge Homes parent Mahercorp company enters voluntary administration

Customers of the firm's subsidiaries Builders Eight Homes and Urbanedge Homes will have their new builds delayed for at least five weeks as administrators work to restructure the company.

ABC News

Afternoon Update: Lowe responds to RBA shake-up; rare solar eclipse in images; and K-pop star dies at 25

RBA governor welcomes review of central bank as treasurer announces all 51 recommendations will be implemented

The Guardian - AU

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The Guardian - AU

Victoria unveils $15m rescue package for Porter Davis customers after builder’s collapse

Daniel Andrews says about 560 families lost deposits due to the company’s failure to take out insurance on their behalf

ABC News

Porter Davis clients left without homes or insurance to have deposit repaid by Victorian government

The Victorian government says it will reimburse deposits paid to home builder Porter Davis by about 560 families who were left without a home or insurance when the company collapsed.

AAP

Victorian govt to bail out 560 Porter Davis customers

The Victorian government will stump up $15 million to pay back 560 Porter Davis customers who paid a deposit, but never had insurance filed by the company.

The New Daily

Government ‘ignored’ home builders’ warning: opposition

The Victorian government ignored a warning about insolvencies in the residential construction sector months before the Porter Davis collapse.

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AAP

Porter Davis failure robs customers of deposits

Porter Davis customers left in limbo following the collapse of the home builder are questioning how the company failed to insure their builds.

The Guardian - AU

Planned $2bn Melbourne skyscraper project to deliver Australia’s tallest building

Green-lit project will feature pair of towers, apartments, offices, luxury hotel and 6,000 sq metres of green space

ABC News

Nostra to take over arm of failed Victorian building company Porter Davis

The collapse of Porter Davis left about 1,700 home building projects in limbo, with the majority of those in Victoria and about 200 in Queensland.

ABC News

Home builders plead for government help after collapse of construction firm Porter Davis

Some who have lost tens of thousands of dollars due to the collapse of construction firm Porter Davis broke down as they shared their stories on the steps of Victoria's parliament.

AAP

Builders and energy groups clash over construction code

The Housing Industry Association is pushing for new energy efficiency requirements for builders to be deferred, triggering fierce backlash from some experts.

The Guardian - AU

Porter Davis liquidators unable to find suitable buyer to take over building of 1,700 homes

Grant Thornton hopes to finalise discussions about solutions for parts of the builder in the next week

ABC News

Porter Davis liquidator shuts down property firm MIG Sons & Co's buyout bid

A Melbourne-based property investment company has launched a bid to buy out troubled construction firm Porter Davis, but the liquidator handling the collapse says it does not believe the offer is credible.

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