A year since raids, 16 months into investigation, FMA yet to prosecute over Du Val collapse

Not such a happy anniversary for Du Val creditors, investors, or founders Charlotte and Kenyon Clarke. (Image: Supplied)

Garth Bray

Sat, 02 Aug 2025

Escalating legal actions, financial revelations, and creditors and investors owed $306 million have marked a tumultuous year since the collapse of the Du Val property development group, which has also seen a failed bid to blame the Financial Markets Authority and numerous furious social media posts. While trade creditors and subbies wait amid a deep construction slump for payments more than a year overdue, and investors count the cost of a failed attempt to bring that action against the financial markets regulator, the company founders Cha...

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