Victoria Government Will Not Bail Out Collapsed Builder Porter Davis

A partially finished Porter Davis home is seen in Rochedale, south of Brisbane, Australia on March 31, 2023. Building works will stop immediately on more than 1,700 properties in Victoria and Queensland as a result of the collapse of Porter Davis. AAP Image/Jono Searle

Victorian Premier Daniel Andrews is not bailing out collapsed major builder Porter Davis saying it is the “right call.”

Porter Davis went into liquidation on March 31, affecting over 1,500 homes in Victoria and 200 in Queensland. An additional 779 signed contracts were in the pipeline but are yet to commence.