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There has been much discussion regarding how in Queensland Property developer set Caretaker Fees low for their own purposes. This issue was recently extensively discussed and documented in a PhD thesis. However this practice continues and owners get a shock when the caretaker, which can even be the original developer, exercises caretaker review rights that results in very large increases in the Caretaker fee. Body Corporates can do little in the face of this unequal battle. One day this industry will get a shakeup … I hope!
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