5 June 2021

Efforts to curb dodgy developers and their farcical phoenixing frauds have been the focus of a lot of media coverage of late, but what does it all mean?

Are the efforts by the New South Wales government to implement substantial reforms in the apartment development industry actually making a difference?

Are they likely to encourage potential buyers or do the many small victories simply remind us that there’s a problem to begin with and deter purchasers by highlighting the problems that exist, even while fixing them.

Is there likely to be any lasting effect on the public’s view of apartment living when Opal, Mascot and Grenfell towers loom large in the collective memory?

And are developers likely to find other ways of dodging their responsibilities or are we witnessing the se change we’ve been waiting for, that will drive the cheats, crooks, frauds and failures out of business?

You can put those questions and any other relevant concerns to some of the government’s heaviest hitters when the Owners Corporation Network (OCN) holds its latest Strata Matters event, next month.

Jimmy Thomson
Flat Chat