The WA Opposition has formally referred embattled builder NicheLiving to the Australian
Securities and Investments Commission (ASIC) following reports suggesting the company may
have been trading while insolvent as far back as 2021.
Opposition Leader and Shadow Commerce Minister Shane Love MLA called for ASIC to urgently
investigate NicheLiving after it was revealed the company directors have mounted a successful bid
to re-take control of the company this week.
“ASIC’s intervention is critical to ensure the directors of NicheLiving are held accountable, and to
demonstrate to the building industry and consumers that improper conduct will not go unchecked,”
Mr Love said.
Administrators for NicheLiving Holdings have stated the parent…
