Hi Everyone,
TLDR: Please sign the petition to help prevent the Mascot Towers disaster from happening to anyone else!
Petition Building Industry Royal Commission
Thank you to everyone in advance.
Long Version:
Long time guest newly joined to request support from the OzBargain community. I visit OzBargain everyday and thank everyone for their kind contribution.
I am an owner occupier of a unit in Mascot Towers. Just a regular OzBargainer that makes very careful decisions with purchases.
We are looking for your support in signing a petition to help prevent the issues we faced reoccurring to anyone else.
Unfortunately the issues do not stop at Mascot Towers. It can happen to anyone and there are likely many of you also facing similar major issues but unable to speak out due to "legal reasons".
The government must take action to bring back confidence!
Extract from Petition (created by one of my fellow owners):
We are owners of a unit in the strata apartment Mascot Towers, Sydney which we mortgaged in 2009. After hearing previously on the news about Opal Towers we thought it would not happen to us, yet here we are! Believe me the building industry problems coming to the surface are just the tip of the iceberg as evident in news of the apartments in Zetland, Erskineville, Alexandria and so on.
Confidence needs to be restored in the home building industry so that all can have long-term security and benefits. Therefore, it has become clear that State and Federal governments need to drastically review and overhaul the way buildings we call our homes are designed, approved, built, certified for occupation, insured, financed, and managed in Australia.
It is criminal that Corporations Law allows limited liability companies to be used by unscrupulous players at all levels of the building industry to profit from the misfortune of others, that is the home owner. Conflicts of interest are rife in the industry at all levels including the support structures that are supposed to help the end user, us the home buyer and owner.
It affects everyday Australians whether you are an individual home owner that has had a house built off-the-plan or a strata unit owner who either bought off-the-plan or bought into an existing strata building. Pouring your life savings into your home is considered a fulfilment of the 'Australian Dream' and yet the business structures and processes around one of our single most expensive purchases and assets is riddled with a cancer that needs to be excised sooner rather than later.
Please sign the petition and distribute it widely so that we can pressure our Governments to take action and save the future for our children and not just for those greedy banks, developers, builders, sub-contractors, insurance companies, and strata and building management companies where self-interest permeates at every level.
I understand you need a builder license to build a house but not to build apartment buildings. So if I have money I just hire a bunch of contractors to build an apartment building for me, am I correct?