Building giant Home Australia, owned by South Australian Family First Senator Bob Day, earlier today announced it was going into liquidation with record losses well into the millions over the last several years. 207 homes in five states are still under construction and will be affected by the liquidation.
If this has happened to you, Mills Homes can help (more details below).
The Home Australia group includes Homestead Homes (SA), NewStartHomes (QLD), Ashford Homes (Vic) and Huxley Homes (NSW).
In WA, there are 29 homes under construction that will be affected by the liquidation.
The Perth buikder’s’ collapse sees them joining the ranks of several other Perth building companies recently forced into liquidation, including Cicarellos, Benchmark Homes, Freelife Homes and Pitaro Homes.
In a letter today, Sen Day wrote that he apologised for causing “pain, stress and suffering”.
Senator Day also noted, “As I have always agreed to sign personal guarantee to creditors, this closure also has serious implications for me and my family. Credit liabilities greatly exceed our assets, so we will also lose our family home.”
Home Australia’s liquidator McGrathNicol is encouraging all Home Australia customers to contact their insurer immediately.
“In cases where we know insurance certificates have been issued, customers may have a claim against the relevant Home Australia entity which they contracted with,” the company said.
A meeting of creditors will be held on 4 November or earlier.
Call Mills Homes: preferred builder with insurance companies
If you or someone you know has been affected by a building company going into liquidation, contact Mills Homes for help. For over four years, Perth-based Mills Homes has been a preferred builder with several leading insurance companies and have a wealth of knowledge to help smoothly guide you through the unsettling process of builder liquidation.
Mills Homes have dealt with more than 100 home warranty and indemnity claims and can take over building contracts for any reason, including your builder going into liquidation or bankruptcy.
We can liaise with you to arrange a site inspection to assess the extent of the work carried out to date. If you are happy with us to help you, we can then assess a copy of your plans, addenda, variations and any other documents regarding your project and provide an itemised quote to complete your home. This quote will be given to yourself or the insurance company for approval.
Once your new quote is approved, we can promptly organise a new building contract to be signed with a new home indemnity/warranty insurance policy taken – and then safely complete your dream home.
We’re here to help.
Contact Mills Homes ASAP if you have been affected by this action