Tagged: Northern Territory

Northern Territory up-date on consumer protection reforms

The last Resort Fidelity Fund was introduced in January 2013 amid uproar within the Territory builders.

The Giles Government promised a review within 12 months however it was bought forward and a short review of 3 to 4 weeks was announced on 19th June 2013 by Minister Chandler.

The outcome in December 2013 was totally disappointing as the review failed to meet its terms of reference and was wasted.

We have met with a number of Territory Ministers that share our views and we await the outcomes, and look forward to Chief Minister Giles input to resolve the acute concerns of our industry.