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Liquidator Grant Thornton claims Porter Davis customers ‘unlikely’ to get deposits back

Heidi Murphy
Article image for Liquidator Grant Thornton claims Porter Davis customers ‘unlikely’ to get deposits back

Partner at liquidator Grant Thornton Matt Byrnes has explained the fallout of the Porter Davis collapse and the next steps for the customers affected.

Mr Brynes claimed it’s “unlikely” those who paid deposits will get their money back, but explained the work being put in by the firm to get families back in their houses.

“We’re expecting well over $100 million dollars in claims and creditors to be in the thousands,” Mr Byrnes told Heidi Murphy, filling in for Dee Dee.

Press PLAY to hear him explain more on the unfolding crisis 

Image: Getty iStock  

Heidi Murphy
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