22 AUGUST 2019
The ACT government is calling for the urgent introduction of strong federal anti-phoenixing laws, arguing it cannot “adequately” punish Canberra’s dodgy builders without them. But apartment owners say the territory government can do more, suggesting it could refuse to sell public land to companies with histories of poor construction work.
Owners Corporation Network president Gary Petherbridge said people stung by phoenixed companies were left emotionally stressed, out of pocket and with “no confidence” in the construction industry. Mr Petherbridge said the ACT government could deter the practice by refusing to sell land to corporations with poor track records. “The government could cut off their lifeline – that’s one approach they could take,” Mr Petherbridge said.
> Read the full article at Canberratimes.com.au
Kirsten Lawson & Dan Jervis-Bardy