Skip to main content

Home Building Issues - Sydney Experience

Set of posts about defects and dispute resolution in regards to new strata property in Sydney, NSW.

Part 1 - Description of the situation and outline of 11 months of initial process to try and rectify major defects
Part 2 - Research in regards to Strata rules and findings that there is a lot of dodgy activity happening
Part 3 - Fair Trading application lodged and inspection set with the builder again
Part 4 - The builder rejected some defects and didn't fix any - Fair Trading inspector was called in
Part 5 - Fair Trading inspector came and ordered to rectify defects - 1 year and 6 months into process and no results yet!
Part 6 - Two months after Fair Trading inspection - the issues still not fixed
Part 7 - Some defects still not rectified - non-compliance report by Fair Trading
Part 8 - Two years into the process - started conversation again with the vendor and builder
Part 9 - Taking builder to the tribunal
Part 10 - Some positive result - one major issue fixed
Part 11 - Next milestone - Fair Trading inspection No 2. 2 years and 7 months in the process.
Part 12 - Despite Fair Trading rectification and tribunal orders the builder doesn't rush to fix the problems
Part 13 - Getting hot without a shower and the builders still not willing to finish the work up to standards
Part 14 - Final fight to get the shower/bathroom finished. More defects to go.
Part 15 - Another Tribunal hearing and details.
Part 16 - How strata owners corporation "solves" problems.
Part 17 - Final fixes and owners corporation costs. 5 years into the process!

No finished yet - stay tuned!


Popular posts from this blog

Energy Business Case - Coal Mine in West Virginia

Situation Coal in Africa: An opportunity is available to invest in a coal mine in West Virginia. The mine’s value is less than in past years because of actual and anticipated restrictions on coal-fired power generation in the United States. However, the mine has a chance to sell its coal on contract to a public utility in West Africa. The utility is working through the World Bank for financing to build a number of coal-fired power plants. If they obtain World Bank financing, then a customer for the coal mine is assured, at least for the duration of the contracts. The power plants will employ the best current technology for burning coal, which exceeds all current air quality standards for the region. However, the power plants will not be designed to attempt carbon capture. The area of Africa the plants will serve suffers from extreme energy poverty, with some of the lowest per capita energy consumption in the world.

Overview of the Region West Africa is the westernmost region …

Energy Market Analysis - Coal Reserves for Decade Ending 2012 and Price Forecast

According to the British Petroleum Statistical Review of World Energy, 2013, global coal reserves declined in the decade ending 2012:

Figure 1. Proved coal reserves.

Proved reserves of coal are generally taken to be those quantities that geological and engineering information indicates with reasonable certainly can be recovered in the future from known deposits under existing economic and operating conditions.

If we look at supply and demand factors in the decline, we can see that:

a) Coal price has grown significantly in the decade ending 20121:

  Figure 2. Prices in US Dollars per tonne.

b) Coal consumption has also grown significantly worldwide2:

Figure 3. Coal consumption by region.

c) The price of substitutes (i.e. Natural Gas) has also grown. Not so in North America though, but if we look at the world trend it is growing3:

Figure 4. Natural gas prices.

Therefore if the rule of supply and demand worked we would see increase in proved reserves for coal, because increase in dem…

Construction issues resolution in Sydney - part 17

It's been a while since the last post In January 2016 the owner lodged an application to NCAT against owners corporation to fix three major defects: - waterproofing of large windows in the living room and bedroom which led to windows full replacement - bathroom drain fix - planterbox fix The owners corporation didn't come to mediation and tribunal ordered to fix all defects within 2 months (the deadline was 8th July 2016). The owners corporation as usual didn't rush to comply with the order regarding two items: bathroom and planterbox. The windows works started end of April 2016. At the same time owners corporation decided to check whether it's a warranty and original builder should fix the issues. That was also related to the fact that the variation was submitted by the current contractor who started fixing the defect. So the owners corporation stopped all works in the middle and went off for a month to "make decision". The decision was made at the end of J…