QBCC cancels licence of Shane Tucker’s collapsed Gold Coast construction company Auzmet

QUEENSLAND’S building regulator has made another move against a collapsed commercial construction company run by a famous family of drag car racers with debts across the Gold Coast.

A commercial construction company run by pro dragracer Shane Tucker and his family has gone into liquidation owing millions. Photo: Supplied

QUEENSLAND’S building regulator has cancelled the licence of a commercial construction company run by a famous family of drag car racers that collapsed last month owing more than $1.35 million.

Auzmet Panels Pty Ltd and Auzmet Pty Ltd, two of a group of companies linked to father and son Rob and Shane Tucker, went into liquidation last month, with the Queensland Building and Construction Commission suspending both licences.

This week, the regulator cancelled Auzmet’s licence after the company failed an audit and it is now looking to exclude the directors.

“A QBCC financial audit requires a company to provide a wide range of financial information and documents, including financial information that has been reviewed and certified by an accountant,” the commission said in a statement.

“The QBCC has now cancelled the licence of Auzmet Pty Ltd for their failure to comply with the audit.”

GET A NEW TABLET WHEN YOU SUBSCRIBE TO THE GOLD COAST BULLETIN

A commercial construction company run by pro dragracer Shane Tucker and his family has gone into liquidation. Photo: Supplied

The businesses have an office in Melbourne and expanded in 2014 to the United States where Shane Tucker, 33, is a pro stock racer for his dad’s Rob Tucker Racing team in the United States National Hot Rod Association series.

Auzmet’s facades feature on the front of Pacific Fair, Lady Cilento Children’s Hospital, The Strand Coolangatta, Ikea North Lakes and various car dealerships on the Gold Coast and in Springwood.

Documents lodged with ASIC last moth detail debts of $1.35 million to 60 unsecured creditors, many small businesses, owed amounts ranging from a few hundred dollars to more than $200,000.

Some words of wisdom on Instagram from pro dragracer Shane Tucker. Photo: Supplied

However the documents list another 22 secured creditors, 11 employees and five related parties who are owed unspecified amounts, so the full debt is likely to be sharply higher than documented.

The Tucker family is well-known in Queensland motorsport — Rob Tucker is a drag racing veteran; his daughter Kirsten Tucker-Cannuli, 35, was the first female driver in the Pro Stock category in Australia; and his son-in-law is dragracer John Cannuli.

Company records show Auzmet is ultimately owned by Robert Tucker, while Auzmet Panels is ultimately owned by Shane Tucker — although both Tuckers relinquished their roles as directors three weeks before the companies liquidated.

On April 11, Andrew John Keogh of Warwick became director of Auzmet and Jake Aaron Dashwood of St Kilda became director of Auzmet Panels.

Shane Tucker was also a founding director of disgraced charity Peace for the Children, which was fronted by television personality Tania Zaetta in 2011.