Cubitt's Granny Flats and Home Extensions goes into liquidation: NSW and ACT building company collapses owing $5.7million

A building company has collapsed, laying off 80 staff and leaving 130 projects on pause. 

Creditors voted to place Cubitt’s Granny Flats and Home Extensions into liquidation on Friday. 

The company, which had been operating for 30 years in NSW and the ACT, went into voluntary administration earlier this year and had debts of $5.7 million. 

It is believed that $2.6 million of that is owed to 77 tradies.

More to come.  

You May Also Like

Incredible moment dad leaps over gap in apartment block’s crumbling 600ft-high walkway to save his family during Thailand’s mega earthquake

Dramatic video has revealed the moment a heroic father jumped across a…

The Morning Briefing: Now We Know — Flailing IS the Dems' Strategy

Top O’ the Briefing Happy Wednesday, dear Kruiser Morning Briefing friends.…

The off-the-charts skills Gabe Perreault brings to Rangers in crunch time

The Rangers brought Gabe Perreault to New York believing the 19-year-old winger…

Huge Scandals That Have Rocked The Obama Family

Mark Wilson/Getty Images No…