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Newcastle Herald
Newcastle Herald
Michael Parris

$8.5m hole: Bowline developer claims debt as builder loses licence

The Bowline construction site in May last year and, inset, concept images of the development. Images supplied

The developer behind the Bowline apartment development in Wickham claims to be owed $8.5 million by the project's main contractor after it lost its building licence and went into administration in March.

An administrator's report to creditors of failed building firm Eastern Pacific says the Sydney-based company became insolvent after NSW Fair Trading refused to renew its licence in March.

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