A home building company that at one stage sponsored the St Kilda Football team, Watersun Homes, has gone into administration with the loss of 90 jobs.
The residential builder was working on about 300 homes in metro Melbourne and regional Victoria when it was voluntarily placed in administration on Tuesday.
The firm had insufficient funds to continue trading. Its website failed to load and phone calls were not returned.
Watersun appointed administrators Neil Mclean and Mathew Gollant of Rodgers Reidy Melbourne to sell its assets, and had ceased trading.
Mr Gollant said they would be in contact with property owners soon, a…
Read the full article at: http://www.smh.com.au/business/property/watersun-homes-goes-into-administration-20170228-gunan9.html
