Victorian builder in administration weeks after saying ‘we are thriving’

Grandeur Homes, a construction company run by Nick and Mairi Yuncken, has entered external administration, leaving subcontractors and homeowners in uncertainty. The company reportedly owes millions of dollars to creditors, with some subcontractors facing financial ruin. The Yunckens have expressed regret over the situation and are working with administrators to assess the company’s financial position.

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