Stirling Homes Qld collapse hits 40 buyers

The collapse of a Queensland builder has hit 40 homebuyers, including families. And they’re not the only ones affected.

Stirling Homes Qld director Peter Bazzan

INVESTIGATIONS into the fallout from the collapse of Gympie building business Stirling Homes has found up to 40 families and homebuyers have been impacted.

The Gympie Times reports that in the wake of the company’s liquidation last month, the Queensland Building and Construction Commission has been working to establish how many people were affected.

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And while an exact number is not yet confirmed, 26 insurance claims have been lodged with the QBCC so far.

Of those, eight had paid deposits only and work had not been started on their house, a QBCC spokesman said.

“The Queensland Home Warranty Scheme... has approved refunds of those deposits to six of those owners, with the other two currently being assessed,” he said.

QBCC records show the refunds amount to more than $65,000.

They are also assessing 18 claims for non-completion.

Homebuyers were not the only ones impacted by the liquidation.

A home left unfinished after the collapse of Stirling Homes Qld. Picture: Scott Kovacevic

“The QBCC was able to recover almost $103,000 of $157,030 that was owed to two suppliers and six subcontractors before the company entered liquidation,” the QBCC spokesman said.

With the company now insolvent the QBCC cancelled the personal license of Stirling Homes’ director Peter Bazzan on Monday.

This includes nominee supervisor licences for low rise building, carpentry and joinery.

Mr Bazzan has been listed as an excluded individual as well until October 11, 2021.

Phone calls to Mr Bazzan for comment were not returned.

A home left unfinished after the collapse of Stirling Homes Qld. Picture: Scott Kovacevic

Stirling Investments Qld’s licence was first suspended on September 28, 2018 “due to the real likelihood of serious financial harm to suppliers, subcontractors or consumers”.

The company’s members put the business into liquidation on October 11, 2018.

The business has been responsible for more than $10 million of residential construction work in the region since 2016, with 51 jobs recorded on its QBCC licence history.

A home left unfinished after the collapse of Stirling Homes Qld. Picture: Scott Kovacevic

The QBCC spokesman said all property owners they knew of who were building with Stirling Homes had been contacted when the business went bust.

They urged “anyone with a contract with Stirling Homes to obtain legal advice or contact the QBCC before terminating their contract”.

The Gympie Times has contacted liquidators Chifley Advisory for more details on what the company owes, but has not received a reply.

Originally published as Stirling Homes Qld collapse hits 40 buyers