Australia: Strata companies’ hidden fees, secret kickbacks and developer deals costing apartment owners

/ Owner - September 9, 2024

This year, Four Corners has been investigating the strata industry, after revelations that one of its most high-profile firms has been charging millions of dollars in opaque, often hidden, insurance fees and taking an untold sum in kickbacks from contractors.  We asked you, our audience, just how widespread these practices were, and more than 2,000 of you responded, many with extraordinary details of hidden charges, phantom fees and suspect deals with contractors.   Read the article…………………………….   ACCC chair calls for ban on strata insurance commissions as insurance giant Steadfast Group caught misleading clients

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