Developments/Projects in SA

[therisingblues]

trying to get business just a week before going bust?

trying to trade themselves out of the shit you mean. nothing wrong with that, why give up?

If you are at the point of trading only to get out of the shit, the writing is on the wall.

Good operators know when they are on the edge.

Not sure of the legalities, but if the company does go bust they then become exempt of any liability to the customer, is that right? So if there was a scenario of someone signing a contract, and handing over say $250,000 for their house to be built and the company goes bust the following week, the customer then has a hard time getting what they paid for or getting their money back, right?
Centurion, you'd know all about this.

[heater31]

trying to get business just a week before going bust?

trying to trade themselves out of the shit you mean. nothing wrong with that, why give up?

If you are at the point of trading only to get out of the shit, the writing is on the wall.

Good operators know when they are on the edge.

Not sure of the legalities, but if the company does go bust they then become exempt of any liability to the customer, is that right? So if there was a scenario of someone signing a contract, and handing over say $250,000 for their house to be built and the company goes bust the following week, the customer then has a hard time getting what they paid for or getting their money back, right?
Centurion, you'd know all about this.

Builders are protected by a national insurance scheme for such events. If they go under then the insurer will find another builder to complete the work.

Gets messy as you need to work out what is left to do and how much is paid out.

[scoob]

trying to get business just a week before going bust?

trying to trade themselves out of the shit you mean. nothing wrong with that, why give up?

If you are at the point of trading only to get out of the shit, the writing is on the wall.

Good operators know when they are on the edge.

Not sure of the legalities, but if the company does go bust they then become exempt of any liability to the customer, is that right? So if there was a scenario of someone signing a contract, and handing over say $250,000 for their house to be built and the company goes bust the following week, the customer then has a hard time getting what they paid for or getting their money back, right?
Centurion, you'd know all about this.

Using progress payments, that are valuated by a independent third party, (designer / architect) would greatly help alleviate the risk of the customer losing large amounts of moolah.

[heater31]

Further more to that, if a builder is demanding up front payments run like the wind to the nearest Building law specialist and get out of the contract ASAP!

[Dissident]

trying to get business just a week before going bust?

trying to trade themselves out of the shit you mean. nothing wrong with that, why give up?

when Keith Bowden Electrical closed they took deposits on the Sunday and locked the doors on the Monday! How are they to know when its gone too far?

My mate put a deposit down for a turntable system that Sunday. Lost the money.

[Barto]

Further more to that, if a builder is demanding up front payments run like the wind to the nearest Building law specialist and get out of the contract ASAP!

It should be like that for any demand for up front payments no matter the business.

A local gym here was taking one year memberships paid up front right up until the day before they shut their doors. It's a shit thing to do, there's no way you could not know it was coming if you ran the place.

[Squids]

Wouldn't this be trading while insolvent?

[Agile]

Are you there Ashman ? If so have a read of this artical. Sort of "tells the truth" don't you think ?
http://www.indaily.com.au/?iid=76479&sr=0#folio=2

[Psyber]

My mate put a deposit down for a turntable system that Sunday. Lost the money.

I lost $5000 in the late 1990s when a major appliance retailer in the Payneham area fell over after taking my money for a delivery "next week".
Theoretically. I owned an Ilve stove and a dishwasher but they were not there to be supplied.
I've gone pay after, or on the day of, delivery ever since, and only by card.

[Booney]

Will be interesting when the media get hold of some aspects of the nRAH....

[dedja]

Do tell ...

[Dutchy]

Will be interesting when the media get hold of some aspects of the nRAH....

One of my clients has been dealing with them and they are a rabble..

[Bully]

http://www.adelaidenow.com.au/news/sout ... 6657391918





the britannia solution on adelaidenow.com.au this morning

[CENTURION]

excellent! might teach the mongs of Adelaide how to use a roundabout.

[Booney]

Frankly, there is nothing wrong with that roundabout.

The people rushing through it in the Ssangyong to get Sebastian to Prince Alfred on time, on the other hand....

[heater31]

Frankly, there is nothing wrong with that roundabout.

The people rushing through it in the Ssangyong to get Sebastian to Prince Alfred on time, on the other hand....

More like the BMW X5

[Trader]

Nothing wrong with rushing through it. Hitting it at pace is the best way to keep the traffic flowing.

[Jimmy_041]

Nothing wrong with rushing through it. Hitting it at pace is the best way to keep the traffic flowing.

and watch out for the Wattle Park brigade.......

[Dog_ger]

If us Adelaide drivers can't master 1 round about, how the f@*% can we master 2 round abouts...

Sometimes I think we waist our money on smart peoples' ideas.

1. A Highway that can only go one way then changes direction...

[CENTURION]

If us Adelaide drivers can't master 1 round about, how the f@*% can we master 2 round abouts...

Sometimes I think we waist our money on smart peoples' ideas.

1. A Highway that can only go one way then changes direction...

you are aware that they are fixing the southern expressway?