› Flat Chat Strata Forum › From the Front Page › Queensland-style contract con tricks on their way › Current Page
17/12/2020 at 9:30 am
#53614
In case you missed today’s update to the original story, the Fair Trading ministry is at least now aware of the issue.
“Although there’s no indication of issues in NSW with management rights contracts, we’re very aware of ongoing concerns around embedded networks in strata,” Minister for Better Regulation, Kevin Anderson told Flat Chat.
“The NSW government made changes to Strata laws in 2015 to limit developers’ powers and protect consumers before settlement occurs and we won’t hesitate to make further changes if the statutory review finds they are needed.”