Porter Davis collapse: Victorian Premier Daniel Andrews faces calls … – The Australian Financial Review

Apr 20, 2023 3.34pm Pressure is mounting on the Victorian government to launch a review of the states domestic building insurance regime amid revelations that many aspiring homeowners could lose their deposits if more construction companies become insolvent. Victorian Premier Daniel Andrews announced on Thursday that the state government would pay out the deposits of…

$15m rescue package for homeowners after Porter Davis collapse – Sydney Morning Herald

Normal text sizeLarger text sizeVery large text size Porter Davis customers whose homes are not built and not covered by insurance after the builders collapse last month will get their deposits back under a $15 million state government support package. Porter Davis, Australias 12th largest home builder, went into liquidation in late March and left…