The Bellambi Bunnings site recently. Andrew Marks, Bunnings general manager property said, we are working with a number of sub-contractors to complete the remaining construction works”. Picture: File image
More than 200 creditors could be out of pocket by up to $6 million due to a prominent local building companys financial woes.
Edwards Constructions (NSW) Pty Ltd – which was building the new Bellambi Bunnings – went into administration earlier this month.
An administrator estimated that the company owed between $4 million and $6 million of creditors.
On Friday, affected local businesses met with voluntary administrators from Ernst and Young for the first time.
Prior to the meeting, held at the Novotel Northbeach, Cadifern Civil director H…
Read the full article at: http://www.illawarramercury.com.au/story/4985731/hundreds-may-lose-as-illawarra-builder-collapses/