Unclear When Porter Davis Creditors Will Be Paid

A partially finished Porter Davis home is seen in Rochedale, south of Brisbane, Friday, March 31, 2023. Building works will stop immediately on more than 1700 properties in Victoria and Queensland as a result of the collapse of Porter Davis. AAP Image/Jono Searle

It’s unclear when creditors owed millions of dollars following the collapse of builder Porter Davis will see their money or how much they'll get.

The company fell over in late March with about $147 million (US$97.67 million) in debt, leaving some 1700 homes in limbo in Victoria and Queensland.