Building firm

 

PHOTO: STUFF Todd Halliday at his property in North Canterbury. He says he has already spoken to about 90 per cent of his creditors.

From the outside, no-one would have picked Todd Kirk Halliday was heading towards another financial disaster.

He and wife Anna drove a Land Rover Discovery and an X5 BMW wagon. He owned harness-racing horses and lived on a lush two-hectare property in the Canterbury countryside. He had a boat and two jetskis.

He also owned an apparently successful building company called HT Construction, and to hear him talk, creditors say, he oozed confidence and optimism. He also owned other companies, including one called Ha Ha Developments.

There was no laughing, however, when HT Construction was last month put into liquidation by the Hallidays themselves, with unsecured creditors owed about $300,000. The full extent of the debts has yet to be finalised but IRD is owed $33,554 in GST and PAYE of $7260.

READ MORE VIA STUFF 


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