Subcontractors, owed millions, campaign for better regulations after collapse of Canberra-based building companies

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The collapse of a series of commercial building companies in Canberra is sending shock waves through the industry. Now, subcontractors — who are collectively owed millions of dollars — are campaigning for better industry regulation.

The collapse of four large Canberra-based building companies this year is sending shockwaves through the construction industry.Subcontractors Aime and Anthony Lloyd, along with Chris Nowaczyk, are meeting with federal politicians to campaign for better industry regulation.

"I might lose everything, including house and cars," said joiner Chris Nowaczyk, owner of The Works.Mr Nowaczyk's business was subcontracted by Rork Projects to manufacture and install furniture for the New South Wales Police Academy in Goulburn. "There's no cash, there's no money at all, so I have to pull my own savings to keep the boys going," Mr Nowaczyk said.

Large building companies may take several years to fail, but for subcontractors the realisation they won't be getting paid comes suddenly. Anthony Lloyd says not knowing if he will be paid for the work he's done is impacting his mental health.Research conducted by Central Queensland University indicated people who worked in the building and construction industry were at a higher risk of mental health problems."I've had depression, and I've got ADHD as well, which all running a business", Mr Lloyd said.

"But I can rack up millions and millions and millions of dollars and not pay my debt and I don't get anything. No worries."

 

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