Royal Construction and Design and Western Luxury Homes collapse: Perth-based construction companies leave dozens of homes unfinished
- Two Perth-based construction companies have collapsed
- Both automakers announced they were folding last week
Two other construction companies have collapsed as the latest victims of the country’s construction industry slump, leaving dozens of homes unfinished.
Perth-based construction company Western Luxury Homes Pty Ltd went into liquidation on Friday, according to a notice published by ASIC.
The announcement came days after boutique builder Royal Construction and Design went into liquidation on August 8.
It is understood that 12 homes remained incomplete when Western Luxury Homes folded, with signed contracts dating back to mid-2020.
Customers are urged to contact their home insurance provider, QBE Insurance, following the collapse of the shock.
Two Perth-based construction companies have collapsed, leaving dozens of homes unfinished
Shopbuilder Royal Construction and Design went into liquidation on August 8, according to a notice published by ASIC
“This allows owners to begin the process of engaging another registered builder to complete the work or manage other remedies they may be entitled to,” said the executive director of building and energy, Saj Abdoolakhan.
Processors also affected should contact RSM Australia directly.
The failing company has been handed over to RSM liquidators Travis Kukura and Jerome Hall Mohen, who will take it upon themselves to find a solution to the company’s financial difficulties.
Both companies join the ranks of other failed construction companies including Slatter Group, WA Housing Group, Flexible Homes, Individual Developments, Hamlen Homes and City Residence.