The Productivity Commission calls it a “running sore” while "CHOICE" calls them junk policies making a mockery of consumer protection.
Builders on the other hand can’t believe our industry has suffered so dramatically at the hands of such blatant incompetence over the issue of consumer protection and industry management. (But we allowed it to happen)
This “Stateline” segment says it all:
http://www.abc.net.au/news/video/2010/04/09/2869082.htm
“We were advised by two very senior insurance brokers HIA & MBAV that unless we pulled our heads in, so to speak, that our chances of getting insurance for this year was gonna be compromised”
Intimidation on this level in the Australian building industry. YES, you had better believe it!
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