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Business

Cassandra Morgan and Tara Cosoleto

Premier backs call to not bail out beleaguered builder

Porter Davis Insurance Daniel Andrews Grant Thornton

Refusing to rescue collapsed building company Porter Davis was the right call, says Premier Daniel Andrews as the Victorian government investigates whether the firm left customers uninsured.

The builder went into liquidation last week, leaving clients desperately seeking answers and more than 1700 Victorian and Queensland homes in limbo.

Mr Andrews confirmed on Thursday that Treasurer Tim Pallas had spoken to Porter Davis but chosen not to proceed with a bailout.

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Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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The Times of India

Germany’s former spy chief arrested over alleged treason: 2,000 classified documents at centre of probe

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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