NSW government launches new investigation into ‘sunset clawbacks’
Sue Williams, Domain Reporter
3 December 2017
A string of Fairfax Media reports about unscrupulous property developers tearing up off-the-plan sales contracts, only to re-sell apartments for a higher price, has sparked a NSW government investigation.
Despite emergency legislation introduced to stop the so-called practice of “sunset clawbacks”, the government is still concerned the public are being ripped off – and has asked for feedback on a new discussion paper on the subject.