Statement on Oracle Building Corporation
Building company Oracle Building Corporation Pty Ltd has gone into formal Liquidation.
A number of homeowners will be impacted by this action across NSW. icare Home Building Compensation Fund (HBCF) is currently reaching out to the 180 homeowners with active Oracle projects who are insured under our HBCF.
Are you impacted?
If you are a homeowner insured under HBCF with work underway by Oracle, you may be able to recoup some of your losses.
What is HBCF and how can we help you?
The Home Building Compensation Fund (HBCF) provides a safety net for homeowners in NSW faced with incomplete and defective building work carried out by a builder or tradesperson. A Certificate of Insurance issued by us may compensate homeowners for losses arising from defective and incomplete work, including instances where the builder has become insolvent.
Your exact policy terms and conditions will depend on when your policy of insurance was issued (which is listed on your Certificate of Insurance). Once you have identified the date your policy was issued, you can find the full terms and conditions of your policy on the HBCF page on our website.
Next steps
Visit our forms and resources page to access and complete a Claim Form for Homeowners. Once complete, please send your claim form to Gallagher Bassett Services Pty Ltd at builderswarrantyclaims@gbtpa.com.au or contact them on 02 9464 7270.
For any additional enquiries, please contact icare HBCF at enquiries.hbcf@icare.nsw.gov.au.
If you have concerns outside the scope of Home Building Compensation insurance, you may contact Fair Trading on 13 32 20.
