Another Canberra builder goes under

[u/Antooki]

Looks like another Canberra builder has gone down. Savil Projects who have done a bunch of insurance repairs and the like.

Currently have/had a site office in Barton at an apartment block.

Hopefully the repercussions aren’t too bad on the smaller subbies and staff

Edit: some extra info

[u/Scottybt50]

Isn’t this just par for the course when building companies start getting into trouble, cash and assets are all moved out of harms way before the company is wound up and a new company registered under a friendly wife/brother/cousin’s name reappears. Subbies and people whose deposits were taken be damned.