Metricon to meet with Victoria’s treasurer after company denies rumours of collapse

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Acting chief executive of Australia’s largest homebuilder says company will continue business as usual after founder’s death

If the company collapsed, insolvency practitioners from KordaMentha would probably be appointed as administrators.

“We also encourage Metricon’s clients and suppliers to be kind and patient with them as they navigate through these unprecedented challenges.” “Metricon is a strong viable business without any solvency problem,” he said. “The biggest challenge Australia faces is to get more homes built for more Australian families and as the biggest homebuilder in the country, we are the ones to deliver.”

 

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