Another Building Company Collapse

The Slippery Slope · Aug 25, 2022 · 9m · transcript

Oracle Homes collapse leaves family homeless but Master Builders hopeful insurance scheme will help hundreds

It's becoming a subject we've seen far too frequently in the headlines of late, the building company collapse.

This time we see the collapse of Queensland building company Oracle Homes.

Liquidators estimated 300 home owners in Queensland and New South Wales have unfinished homes.

But industry group Master Builders say those affected should be covered for up to $200,000 from the statutory home warranty insurance scheme.

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