Freelife Homes and Visionaire Homes: Administrators appointed

Media releases

Freelife Homes and Visionaire Homes: Administrators appointed

8 May 2015: Deloitte Restructuring Services partners Jason Tracy and Gary Doran have been appointed Joint Voluntary Administrators of Capital Works Constructions Pty Ltd and Capital Construction Hire Pty Ltd effective 7 May 2015.

Trading as Freelife Homes and Visionaire Homes, Capital Works Constructions Pty Ltd is a Perth-based project home builder specialising in the first home buyer and investor market. Capital Construction Hire Pty Ltd is a labour company which principally provides contract labour to Capital Works Constructions Pty Ltd.

The Group operates from Osborne Park in Perth and employs approximately 24 people.

Freelife Homes is currently building homes for approximately 229 customers. Construction of homes for a further 84 customers is yet to commence. The majority of homes are located across metropolitan Perth.

Joint Voluntary Administrator Jason Tracy said: “Our review of the Group’s financial position is at a very early stage.

“We appreciate this is a difficult and uncertain time, particularly for customers and employees, and we have already begun the process of contacting customers, creditors, insurers and other stakeholders to advise them of the situation.

“One of our immediate priorities will be understand the impact on customers and communicate developments to them as soon as possible.

“We understand the Group had been trying to restructure and achieve a sale of its existing work in progress, pipeline works and intellectual property. However a voluntary administration was considered necessary given the financial position of the Group.

“Our focus will be on trying to secure in conjunction with the insurer the completion of customer homes and maximise the value of the Group’s pipeline works and intellectual property by working closely with existing stakeholders so that we can achieve the best outcome for all parties.”

Customer and creditor queries

  • Web: In the first instance, visit where updates will be provided 
  • Email: Where these updates don’t answer specific questions, email
  • Phone: A dedicated hotline has also been established – (08) 9365 7045

Mr Tracy said the Administrators expected a high volume of enquiries and it may take time to respond to some of them.

“We are committed to communicating with all stakeholders as quickly as possible, but do ask for patience, particularly in these early days of our appointment,” he said.

Media Contact

Warrick Hazeldine / Casey Hockey

Cannings Purple (Perth)
T: +61 8 6314 6300
M: +61 417 944 616 / +61 433 922 575

For further information:

Customers & Creditors

T: (Hotline number) +61 8 9365 7045

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

About Deloitte Australia
In Australia, the member firm is the Australian partnership of Deloitte Touche Tohmatsu. As one of Australia’s leading professional services firms, and winner of both the Australian Financial Review/CFO Audit Firm of the Year and Accounting Firm of the Year awards 2013, Deloitte Touche Tohmatsu and its affiliates provide audit, tax, consulting, and financial advisory services through approximately 6,000 people across the country. Focused on the creation of value and growth, and known as an employer of choice for innovative human resources programs, we are dedicated to helping our clients and our people excel. Formore information, please visit Deloitte’s web site at

Liability limited by a scheme approved under Professional Standards Legislation.
Member of Deloitte Touche Tohmatsu Limited
© 2015 Deloitte Touche Tohmatsu

Did you find this useful?