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Australia: Report into strata firm Netstrata finds conflicts and excessive fees

/ Owner - February 26, 2025

An independent review by McGrathNicol found strata company Netstrata failed to disclose commissions and obtain multiple quotes. An ABC investigation found the company had been using its wholly-owned insurance arm to charge owners exorbitant insurance brokerage fees. McGrathNicol made 22 recommendations, including that Netstrata implement a firm-wide conflict of interest policy.   Read the article…………………………….

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