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Diploma Group boss Nick Di Latte says the company is in a strong position.

Diploma denies insolvency claims

Diploma Group chief executive Nick Di Latte has strongly denied claims by subcontractors that the ASX-listed company was behind on paying its bills, saying recent activity by the company had placed it in a strong position to pay its debts.

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Perth
Unfortunatley this is happening more frequently resulting in sub contractors going out of business, this is not an isolated incident in the construction industry in WA.

The state and local Governments are still awarding contracts to companies that have been issued with multiple writs.

perth
still waiting for retention release from a number of jobs, never once had a payment paid on the due dates , best thing i did was burn my bridges and moved on...

I am not buying the "DGX Construction" separation from the Diploma Group. Call me cynical but I am thinking the 20 odd writs this year are making it hard to get accounts or win contracts. "DGX Construction" starts with a clean slate. Nick Di Latte says that people go to the media for leverage but after chasing money for 3 years what does he expect? It might not have been the perfect time for Nick to build a multi million dollar house.

Rockingham
Cleaner of Capri Rockingham Kay Winwood I want my money ,simple Just pay up stop trying to find reasons to not pay us stop filling your own pockets and pay the people that made your existence known It's people like us you should be thankful for, pay up

Midvale
Sad to say that all unpaid contractors (like us) have as much chance of getting money out of Diploma as shoving butter up a porcupine's arse with a red hot needle. Integrity Carpets Midvale

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