Hunice Plastering seeks winding up of Function Homes

Function Homes Pty Ltd, a Victorian domestic builder, had a winding up application filed against it by Hunice Plastering Pty Ltd, according to a notice ASIC published on 19 October.

Why it matters

The Victorian Building and Plumbing Commission register lists Function Homes with a Domestic Builder - Unlimited licence, marked current. The ASIC notice is the public notice of the application required under paragraph 465A(1)(c) of the Corporations Act, which follows an application to a court for a winding up order. ASIC’s notice lists Victoria as the state tied to the filing. For anyone with a build contract, a deposit or a progress payment sitting with Function Homes, a winding up application is the first public sign of a dispute with the builder, and it is worth tracking closely. It does not, on its own, mean the builder has stopped trading or that any particular build has been affected.

The numbers

ASIC’s notice for Function Homes Pty Ltd, ACN 672 551 905, shows the application was published on 19 October 2026 and carries a listed appointment date of 4 November 2026. The notice does not state the amount Hunice Plastering is claiming, and no further figure appears anywhere in the published record, so no dollar amount is reported here. Hunice Plastering Pty Ltd (ACN 160 465 878) is named on the notice as the applicant, and no development site, address or project has been identified in the published notice as affected by the filing. The notice is the only public record located for this matter: no outlet coverage of the application, and no separate report naming an affected build, could be found. It follows a separate ASIC notice this week naming voluntary administrators appointed to Lotus Folding Walls And Doors, an unrelated Victorian trade business.

What’s next

The appointment date on the notice, 4 November 2026, is the next formal step shown in the public record. If the application proceeds to a winding up order, ASIC would publish a further notice naming an appointed liquidator, and that notice is the point at which creditors, including any homeowner with money held on account with Function Homes, would be able to register a claim against the company. No court outcome has been published as at the date of this story. This article will be updated, with a dated correction note, if a winding up order, a liquidator appointment or a withdrawal of the application is subsequently published by ASIC.