Geoff Browne and his family should have been settled into their first home, instead they’ve paid tens of thousands of dollars worth of debts and sold their dream home because it was falling apart before it was even finished. The Adelaide family have been scathing of South Australia’s consumer watchdog, labelling it a “toothless tiger” for failing to support them and act against builders who’ve allegedly broken the law.
Builders breaking laws with no reprisal 7 Star’s appointed administrator said in a report he suspected the company had been insolvent trading two years before going bust, and by 2023 he owed about $900,000 to creditors over the projects in Modbury and Plympton. A final report is expected by July. Despite also not having taken out compulsory indemnity insurance, CBS is yet to act against 7 Star.
Source: News Formal (newsformal.com)
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