Perle debacle hitting us hard
THE Perle Industries debacle is not just leaving trade companies out of pocket, it’s hitting businesses right across the Coffs Harbour economy.
Affected sub-contractors have warned there would be a greater fall-out to come from the million dollar debts owed to the local construction industry.
Business owners have suggested that already profit losses are being felt in other unrelated industries and sectors since Perle left debts of more than $1.6 million in Coffs Harbour.
The Coffs Harbour Chamber of Commerce says the true cost to the local economy remains to be seen.
“The chamber deplores the consequences associated with the collapse of Perle Pty Ltd and the collateral damage suffered by Coffs Harbour tradespeople,” Coffs Harbour chamber of commerce vice president Leonie Kennedy said.
“We await with interest the outcome of the legal advice sought to establish if the sub-contractors have grounds for a class action involving other creditors in Illawarra and Sydney.
“The exact nature of the arrangement between Housing NSW, Bovis Lend Lease and Perle Pty Ltd needs to be clearly established.”