Sharechat Logo

FBU - WA Plumbing Australia - Response to BGC Claims

Friday 14th June 2024

Text too small?

Auckland, 13 June 2024: Fletcher Building notes comments reported in the media from BGC regarding the Perth plumbing failures.

 

We continue to participate in mediated discussions alongside the Western Australian Government and many WA builders, including BGC, to finalise an industry response to the plumbing failures occurring in Perth. These negotiations are confidential and have not yet concluded.

 

The public claims made by BGC are a crude and apparent attempt to place pressure on those negotiations. The conclusions shared by BGC have not been verified, shared with Iplex and are, in many respects, inconsistent with evidence we have gathered first-hand or been provided by other parties.

 

Fletcher Building stands by its views on causation shared with the market previously.

 

We do however note BGC’s acknowledgment that early intervention has proven to be a valuable mitigant, hence we look forward to settling an industry-led response with WA parties if possible.

 

Fletcher Building remains committed to a sensible, data-led and proportional solution from all parties and to playing its part in that process.

 

ENDS

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

December 31st Morning Report
December 30th Morning Report
December 27th Morning Report
FBU - Fletcher Building Announces Director Appointment
December 23rd Morning Report
MWE - Suspension of Trading and Delisting
EBOS welcomes finalisation of First PWA
CVT - AMENDED: Bank covenant waiver and trading update
Gentrack Annual Report 2024
December 20th Morning Report