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House of Assembly - Fifty-Fifth Parliament, First Session (55-1)
2023-09-12 Daily Xml
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Felmeri Group

In reply to Mr TEAGUE (Heysen) (4 July 2023). (Estimates Committee A)

The Hon. A. MICHAELS (Enfield—Minister for Small and Family Business, Minister for Consumer and Business Affairs, Minister for Arts): I have been advised of the following:

Felmeri Builders & Developers Pty Ltd (trading as Felmeri Homes) has been a licensed building work contractor since 31 August 2007.

CBS initiated an investigation into Felmeri's business position and conduct to ensure that it meets all of its consumer protection obligations.

CBS is investigating potential breaches of the Australian Consumer Law and the Building Work Contractors Act 1995.

On 17 May 2023, CBS imposed a condition on Felmeri's building work contractor's licence (the licence) to prevent it entering into new contracts and to provide reports on its progress with current projects.

Felmeri Homes entered administration on 19 May 2023, ceased trading on 25 May 2023 and entered liquidation on 17 July 2023. Felmeri Homes' licence will be surrendered as a result of the liquidation.

Now that the company has entered liquidation, both directors will be ineligible to hold a building work contractor's licence or to be the director of a licensed building company for five years.

Despite the liquidation, the investigation will continue with the end date of the investigation currently unknown.

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