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Point Cook builder the latest to collapse

Point Cook based builder A1A Homes and its subsidiary, A1A Commercial Builders, have entered administration.

A1A entered administration on May 2, becoming the latest Australian construction company to collapse this year, joining the likes of Porter Davis and Rawdon Hill.

Another builder, Mahercorp, narrowly avoided liquidation on May 30.

A1A Homes has built properties across all mainland states and New Zealand, while A1A Commercial Builders operated in sectors such as education, aged-care, community, retail, hospitality and industrial.

On its website, A1A Homes claims to have over 15 years experience, while A1A Commercial Builders boasts over 20.

The company’s LinkedIn page lists it as having between 11 and 50 employees.

Point Cook MP Mathew Hilakari expressed sympathy for A1A customers and said safeguards were in place.

“We have limited information at this stage, but I do know the company would have been required to take out domestic building Insurance on behalf of its clients.

That’s a safety net that all domestic builders must put in place.”

A1A courted controversy earlier this year after demanding one of its customers pay $125,000 to have his home finished.

In 2021, Abishek Mahajan signed a contract with A1A Homes to build a $675,500 home in Craigieburn in Melbourne’s north.

He claimed construction was delayed for a year before A1A demanded the extra payment he couldn’t afford.

The company received a fierce backlash over the story, with many customers leaving one star reviews on its website.

It’s unclear whether the controversy led to the A1A’s failure or what other issues were involved.

Kathleen Vouris and Richard Albarran from Hall Chadwick have been appointed joint administrators.

Hall Chadwick and A1A Homes were contacted for comment.

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