28 July 2023

Guidelines purpose

The Victorian Government is supporting the Customers of Eligible Liquidated Builders who signed a Domestic Building Contract or Agreement for a new residential home and paid an amount to a liquidated builder that failed to secure Domestic Building Insurance.

This scheme covers Customers of Eligible Liquidated Builders (as assessed by the Victorian Government) that have gone into liquidation between 1 July 2022 and 30 June 2023, as well as the customers of Porter Davis Homes Group Pty Ltd who made a tender-stage payment that includes payment for plans and specifications of a value of up to 5 per cent of the New Home Contract Price and who were not eligible for the Porter Davis Homes Customer Support Payment Scheme. The funding supplied under this scheme is a one-off payment to eligible affected Customers.

The Liquidated Builders Customer Support Payment Scheme is an extension of the Porter Davis Homes Customer Support Payment Scheme, opened in May 2023, for customers who entered into a Housing Industry Association Domestic Building Contract with Porter Davis and paid a 5 per cent deposit for the building works for their new home but were left without domestic building insurance.

Capitalised terms used in these guidelines are defined in Appendix 1.

Funding guidelines