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Home builder Porter Davis collapses, 1,700 projects left in limbo - ABC News (Australia)
Construction has been suspended on all Porter Davis's projects, with 1,700 homes affected across Victoria and Queensland.
The construction company has about 470 employees and was forecasting revenue of $555 million in the 2023 financial year.
Customers and other creditors are being told to contact the liquidator Grant Thornton, as it investigates the reasons for the builder's collapse.
The ABC’s Mary Gearin explains what’s going on.