Spot on Teddy that many strata managers and levels of the strata industry are ripping off ignorant strata committees and in turn strata lot owners;
yet I think too forgiving of Steadfast’s questionable ethics and shady, possibly unlawful practices, including buying from strata managers for a lump sum of $100s of thousands their future commissions on strata insurances yet you seem to accept Steadfast’s limp and untenable excuse on a dubious technicality that they have no obligation to report those hidden rorts to anyone.
you can watch the shocking Strata Trap expose 4 Corners program repeat on ABC iview. Hopefully the regulators wake up and rather than a tepid shot across the bows, instead fire several torpedoes amidships.
IAG Price at posting:
$7.77 Sentiment: None Disclosure: Not Held
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(20min delay)