Homeowners and tradies have been left reeling by the news that yet another construction firm has collapsed, leaving them thousands out of pocket.
On Monday, NSW building company Allura Homes Pty Ltd went into liquidation.
The firm, which was based on Sydneys lower north shore in Lane Cove, had 39 residential projects underway, which have now been placed in jeopardy.
The appointed liquidator, Dane Skinner of insolvency firm Raft Consulting, said these homes were at varying stages of completion.
There is a variety from initial deposits with letters of intention to construction phase and practical completion, subject to defect claims, he told news.com.au.
All 11 employees of the firm lost their jobs on the spot, although its understood four …
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