Wincrest Homes faces collapse

An administrator was called into the Parramatta head office of the project home building company Wincrest Homes, with the prospect of the 22-year-old family-owned operation being placed in receivership today. But the administrator, Bruce Gleeson, confirmed Wincrest owed $6 million to its secured creditor, St George Bank, $4 million to tradespeople and contractors and a [...]