developers

‘Six-year nightmare’: Shattered investors left with no one to sue for faulty units

2020-08-31T17:16:34+10:00

16 December 2019 A "defective" business model that experts say has reached epidemic levels in the NSW building industry is leaving investors financially broken. Aidan Ellis, 75, was stunned when the developer and builder of his apartment block could "walk away scot-free" after his companies went into liquidation midway through a battle over defects estimated to be worth in excess of $2 million. The "six-year nightmare" has forced Mr Ellis into [...]

‘Six-year nightmare’: Shattered investors left with no one to sue for faulty units2020-08-31T17:16:34+10:00

ACT Government needs to go after developers and toughen laws, say unit owners

2020-10-07T16:30:17+11:00

20 AUGUST 2019 The ACT Government was on the right track by putting property developers in its sights with a potential licensing scheme but it needed to go further if it was serious about fixing the building quality issue in the ACT, according to the ACT Owners Corporation Network. President Gary Petherbridge, commenting after Tuesday night’s Four Corners report Cracking Up that highlighted Canberra’s decade-old Elara apartments debacle, said the issues [...]

ACT Government needs to go after developers and toughen laws, say unit owners2020-10-07T16:30:17+11:00

How to avoid buying a dodgy apartment

2020-10-08T12:01:38+11:00

11 JULY 2019 With state planning ministers meeting this month, informed in part by a behind-closed-doors meeting of development “stakeholders” in NSW last week, you can be sure that building defects in their myriad forms will be on their agenda. From the crumbling Opal and Mascot towers in Sydney to the estimated thousands of apartment blocks across the land that are clad in deadly flammable composite, there will be plenty to [...]

How to avoid buying a dodgy apartment2020-10-08T12:01:38+11:00

Election Connection as OCN Faces the Big Issues for 2019

2020-10-08T12:53:24+11:00

6 FEBRUARY 2019 Last year was huge for the Owners Corporation Network (OCN), the only significant body for apartment owners, run by apartment owners. Most notably, they were hugely instrumental in turning what would have been potentially the worst short-term holiday letting (STHL) laws in the country into what could well be the very best. But it’s a new year and that means new challenges, not least the Opal Tower crisis [...]

Election Connection as OCN Faces the Big Issues for 20192020-10-08T12:53:24+11:00
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