GTP still get 5.5% because it's in the contract investors signed. The fact that they were hopeless at everything and failed hasn't changed that. The receivers will get the 5.5% from each and every project when (and if) they ever produce a return.
Since any new RE is charging a % fee for their services, the gov will collect GST on that fee as well, which investors will have to pay on top of the fees. I think that will include the 5.5%.
No one should think they'll make money out of these investments, you're just trying to minimise your losses.
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