Watchdog suspends Gold Coast builder’s licence
The construction watchdog has suspended the licence of home builder Hampton Pacific after complaints it was not paying suppliers and failing to complete work.
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The construction watchdog has suspended the licence of Gold Coast home builder Hampton Pacific after complaints it was not paying suppliers.
The Queensland Building and Construction Commission (QBCC) moved against Varsity Lakes-based Hampton after concerns it could cause “serious financial loss” to employees, consumers, suppliers and builders.
QBCC commissioner Brett Bassett said the watchdog had received a complain from a supplier on Wednesday that it was owed money by Hampton followed by a number of complaints from consumers.
“After a brief initial investigation it was determined the builder would be immediately suspended due to the real likelihood that serious financial loss may occur,” said Mr Bassett.
“An immediate suspension like this doesn’t allow for the usual show cause period where a licensee can make written submissions but is part of the QBCC’s regulatory arsenal.”
According to QBCC records, Hampton Pacific has completed 17 projects over the past two years valued at more than $4m. Hampton Pacific is a category 2 builder, which means it has an allowable annual turnover of between $3M and $12M.
The builder has been cooperative with QBCC’s ongoing investigation.
Homeowners who may have incomplete projects are urged to contact the QBCC.
Comment has been sought from the company.