12 Nov 2015
Minister for Lands and Planning
Home buyers and builders will have a chance to shape government policy after the Northern Territory Government released a review of the residential building industry’s regulations for stakeholder consideration.
for Lands and Planning David Tollner said the ‘Cureton Review’ has been
prompted by concerns expressed by consumers and industry about the
effectiveness of the Residential Cover Scheme, introduced in January 2013.
concerns focused mainly on the assessment of residential builders, scope of
cover of fidelity certificates and the protection of other parties in the
building supply chain,” Mr Tollner said.
response, the NT Government has sought advice for a broader protection model
that could apply to consumers and extend to the construction supply chain to
deliver a simplified building protection fund for home owners.
Northern Territory needs a consumer protection system that not only protects
new home builders but purchasers of new strata title units, including high rise
also needs a more effective builders licencing system that provides protection
for subcontractors and building material suppliers.”
The Cureton Review was prepared by Cris Cureton at the law firm Squire Patton Boggs. It covers three key areas:
buyers and builders will have a chance to consider other consumer protection
systems and I welcome comment from all stakeholders in regards to the
recommendations of the Cureton Review,” Mr Tollner said.
provide feedback or obtain a copy of the Cureton Review go to http://www.lands.nt.gov.au/building/feedback/building-industry-regulatory-framework-review
consultation period to provide feedback will run until 31 January 2016.
is currently no firm government policy stance in relation to the recommendations
contained within the Cureton Review, nor any immediate proposals for
legislative change,” Mr Tollner added.
I am keen to consult extensively on this proposed reform and ensure that all those
potentially involved have a chance to contribute their views to guide future
policy development to deliver consumers the best level of protection possible.”
Media Contact: Marnie Hobson 0409 527 909