9 APRIL 2024
In response to emergency evacuations the NSW government response was the NSW Design and Building Practitioners Act 2020, which imposes complex obligations on practitioners and builders to ensure safeguards. An overarching law, the same regulations apply to new buildings as existing ones. NSW is the only state to enforce such rigour.
Patch repairs to mixed-use buildings and strata apartments – the fastest-growing form of Australian property ownership – are no longer permitted. Whole sections, often undamaged, involving multiple specialists, must be reconstructed, driving soaring fees.
Read full article:> https://www.afr.com/property/residential/nsw-strata-reforms-send-bills-soaring-from-just-5000-to-60-000-20240405-p5fhow