Jul 3, 2026 – 3.16pmA major builder took extraordinary steps to prop up a tax-dodging subcontractor on its projects, including loaning the subcontractor millions of dollars and offering financial commitments it had little intention to fulfil but which were essential to keep the industry regulator at bay.Hutchinson chief financial officer Owen Valmadre told liquidator examinations that not backing Queensland’s biggest formwork contractor, Heinrich Constructions, led by racing identity Gerhard “Hoss” Heinrich, on its projects would have cost the builder massively, even as the subcontractor was linked to millions of dollars in unpaid PAYG tax through labour hire.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles