Two very significant pieces of strata legislation passed through the NSW parliament last week, one of which should bring comfort and confidence to apartment investors. The other, a little less so.
The first will lead to a “supercharging” of Building Commissioner David Chandler’s powers – Premier Chris Minns’ choice of words – in his war on dodgy developers, and his drive to increase confidence in investment in the strata blocks we so badly need to solve our housing crisis.