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Jimmy Thomson

How to avoid dodgy developers

If you are nervous about where you’re investing your money, go with the developers who get the NSW building commissioner’s iCIRT stamp of approval.

There has been a certain amount of pearl-clutching at revelations that a director of the property development company at the heart of the controversy that briefly tore NSW Fair Trading apart had relatives who had friends who may have known criminals.

To recap, a few months ago Building Commissioner David Chandler was encouraged by then-fair trading minister Eleni Petinos and former deputy premier John Barilaro to meet the directors of Coronation Property after he had issued a stop-work order on one of its projects.

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Jimmy Thomson edits the strata living advice website flat-chat.com.au and hosts the Flat Chat Wrap podcast. Email Jimmy at mail@jimmythomson.com

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    Original URL: https://www.afr.com/wealth/personal-finance/how-to-avoid-dodgy-developers-20220905-p5bfh3