Jimmy, you are completely correct.
There is a lot rotten in the state of Queensland and the corrupt practise of selling MR to caretakers is just a part of it.
Next, we have the ”unlicensed” and ”unregulated” situation with body corporate managers (bcm) in Qld. These bcms are accountable to no-one except the committee. And bcms love a dummy committee who will go along with their lack of knowledge and let them handle hundreds of thousands of dollars but many are not qualified to do so. They move sinking funds to admin funds (against the Act). They defame and humiliate Owners in Minutes to try to shut them up when they speak out, and then they use Owners body corp funds to defend their mistakes.
Finally, they hire lawyers, to fight Owners who have spoken up with their own money!
Yes, there is a lot rotten in the state of Queensland.