BuiltonCorp: WA homeowners hit as builder placed into voluntary administration
Work has stopped on about 130 residential home building sites as perth builder BuiltonCorp is placed into voluntary administration. Key points: BuiltonCorp is the latest casualty of Perth’s building downturn The company owes about $16 million to creditors and $500,000 to staff Authorities are hopeful insurance will cover homeowner losses Administrators Con Cordis have announced…