Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business

Porter Davis liquidation leaves families with half-finished homes, as ASIC data reveals scale of construction company collapses

When Mali Davoodi immigrated from Iran more than a decade ago, she wanted to achieve the "great Australian dream" of owning her own home.

But that dream has turned into a nightmare after one of the country's largest builders Porter Davis collapsed last month.

The 44-year-old and her husband, 49-year-old Behzad Molavi, are among about 1,700 victims caught up in the insolvency crisis the head of Master Builders Queensland says has been created by "the worst economic conditions in living memory".

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.