Winding up order, liquidator appointed for Starcrest Construction
A liquidator has been appointed to wind up a national construction giant based on the Gold Coast, which changed its name the day before it went into receivership amid multiple debts.
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A construction giant that has worked on some of Queensland’s biggest projects has been court appointed a liquidator to handle the company’s winding up.
Derrick Vickers of PWC Australia has been appointed the liquidator to handle the winding up of Starcrest Construction Pty Ltd/Formerly trading as Heinrich Constructions Pty Ltd.
The announcement comes after Heinrich Constructions changed its name to Starcrest Construction on February 20, 2024 - the day before its lender, Kickstart Equity, appointed receivers.
Tier-one builder Multiplex placed Starcrest’s holding company into receivership, registering security interests over that company’s assets - specifically racehorses.
The horses at the centre of the row are owned by Starcrest holding company G & H Holdings, which is directed by Mr Heinrich’s daughter Tayla Heinrich.
Starcrest’s sole director, racing identity Gerhard “Hoss” Heinrich, was banned from building in Queensland until August 2025 after another of his companies, Heinrich Formwork, was wound up by the tax office.
Heinrich Constructions retained a Queensland builder licence.
The company holds a category five licence for maximum revenue up to $120m.
The appointed liquidator of Starcrest Constructions Derrick Vickers from PWC was contacted for comment, as was Heinrich Constructions/Starcrest Constructions.
Mr Heinrich’s wife, Gillian Heinrich – one of Queensland’s most successful racehorse trainers – is director of a new company, Heinrich Constructions Australia.
Heinrich Group companies have worked on some of the state’s biggest projects including the $1.4bn Jewel development, Cross River Rail and Queen’s Wharf in Brisbane.