Victorian government to bail out hundreds of Porter Davis customers

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Victorian government to bail out hundreds of Porter Davis customers
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Premier Daniel Andrews has announced a $15 million package to help families impacted by the collapse of home building company Porter Davis. SharnelleVella 7NEWS

“Porter Davis for some inexplicable reason have not forwarded on the insurance premiums that have been paid.

“So those people will get, just like any other insured person, they will get that 5 per cent deposit back.” About 1700 homes across Victoria and Queensland were left in limbo when Porter Davis went into liquidation last month.About 1700 homes across Victoria and Queensland were left in limbo when Porter Davis went into liquidation last month.

The Victorian Building Authority is investigating whether Porter Davis has breached any laws after customers claimed they were left without domestic building insurance despite paying their deposits.“The messages in the group’s WhatsApp chats show tears of joy and relief, with people hugging their families,” Williams said.The state government is working with liquidator Grant Thornton to understand exactly how many customers without insurance had already started building.

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