some of the unit owners of Mascot Towers trying to “force the government’s hand to pay for the remediation work” to fix the troubled building.
The residents of Mascot Towers were evacuated from their apartment complex in Sydney’s inner south on a Friday night in June after multiple parts of the building began to deteriorate rapidly. Engineers monitoring the building in the months since have found the building needs four distinct phases of remediation work.The owners recently agreed to pay a second special levy of $7 million, plus GST, after rejecting a proposed levy of $10 million plus GST.
The new $7.7 million levy would be payable over nine months. Since then, a number of the apartment owners have said they simply cannot afford to pay the levy, costing between $5000 and $14,000 per month.
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'Gut wrenching': Mascot Towers owners say they face bankruptcyResidents fear bankruptcy as they face paying between $5000 to $14,000 a month to start urgent remediation work. AlexSmithSMH Greed doesn't pay AlexSmithSMH 😂🤣 government shouldn’t have to pay either AlexSmithSMH Housing boom!
Source: smh - 🏆 6. / 80 Read more »
Mascot Towers residents accused of forcing Government's handThe Government says the rejection by residents of a $10 million special levy loan was a deliberate strategy to force the state to pay for work to fix the beleaguered complex. Given building regulations is part of what the government does, is it not reasonable that the public should expect government take at least some responsibility when these regulations fail to meet reasonable expectations? NSW Taxpayers should NOT be PAYING for Mascot Towers GladysB NOT ONE CENT auspol So be it, the NSW Governments dodgy certification rules have led them to this !
Source: abcnews - 🏆 5. / 83 Read more »
Mascot Towers owners make emotional plea to govt | Sky News AustraliaResidents of Mascot Towers have made an emotional plea to the government for help as they prepare to pay for urgent repair works next week. \n\nThe repairs will cost the 130 owners between $5,000- $14,000 a month each for nine months.\n\nBanks have refused loans to the residents.\n\nImage: News Corp Australia The government can't betray the promises purchased by the big developers to ensure deregulation and lack of accountability. Nothing will happen, and with liberals invoking terrorism laws to hide where flammable cladding has been used, it is clear that consumers have no chance Maybe the engineers and the building inspectors should be footing the bill, after all they said it was OK they’re the ones who should be footing the bills to get it fixed.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'Gut wrenching': Mascot Towers owners say they face bankruptcyResidents fear bankruptcy as they face paying between $5000 to $14,000 a month to start urgent remediation work. AlexSmithSMH Greed doesn't pay AlexSmithSMH 😂🤣 government shouldn’t have to pay either AlexSmithSMH Housing boom!
Source: smh - 🏆 6. / 80 Read more »
Mascot Towers owners make emotional plea to govt | Sky News AustraliaResidents of Mascot Towers have made an emotional plea to the government for help as they prepare to pay for urgent repair works next week. \n\nThe repairs will cost the 130 owners between $5,000- $14,000 a month each for nine months.\n\nBanks have refused loans to the residents.\n\nImage: News Corp Australia The government can't betray the promises purchased by the big developers to ensure deregulation and lack of accountability. Nothing will happen, and with liberals invoking terrorism laws to hide where flammable cladding has been used, it is clear that consumers have no chance Maybe the engineers and the building inspectors should be footing the bill, after all they said it was OK they’re the ones who should be footing the bills to get it fixed.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Mascot Towers residents accused of forcing Government's handThe Government says the rejection by residents of a $10 million special levy loan was a deliberate strategy to force the state to pay for work to fix the beleaguered complex. Given building regulations is part of what the government does, is it not reasonable that the public should expect government take at least some responsibility when these regulations fail to meet reasonable expectations? NSW Taxpayers should NOT be PAYING for Mascot Towers GladysB NOT ONE CENT auspol So be it, the NSW Governments dodgy certification rules have led them to this !
Source: abcnews - 🏆 5. / 83 Read more »