The Gold Coast Bulletin

TIMELINE OF COLLAPSE

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November 2015: Wind-up applicatio­n to Federal Court.

December 2015: QBCC conducts full audit of Queensland One Homes, finds no grounds to cancel licence.

May 2016: Investor emails statements to QBCC, claiming the builder is trading insolvent.

July 2016: Wind-up order dismissed after out-of-court negotiatio­ns.

August 2016: QBCC finds no grounds to cancel licence.

July 2017: Queensland One Homes goes into liquidatio­n owing more than $3.7 million.

July 2017: QBCC launches investigat­ion in Queensland One Homes and related company Empire Constructi­ons, also referring case to ASIC.

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