news events 0816

Home defects warranties detrimental to homeowners, affordability

By newseditor on Monday, October 22, 2012

A panel of construction and insurance experts last week agreed that laws intended to protect new home buyers, by giving them statutory warranties against defects, are in many instances failing in their objective and having the unintended consequence of causing home owners to get caught up in expensive and unnecessary litigation.

The Federal Government has now responded to the Fair Work Legislation Review Panel's 300 page report entitled "Towards More Productive and Equitable Workplaces: An Evaluation of Fair Work Legislation" (*Report*), which reviewed and recommended changes to the Fair Work Act 2009 (Cth) (*FW Act*). 

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