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The Canberra Times
The Canberra Times
Jasper Lindell

Property developer licence scheme worth the cost, analysis finds

Rebecca Vassarotti ACT the Legislative Assembly

A property developer licensing scheme in the ACT will save homeowners money by cutting the risk of post-construction defects, an analysis released by the ACT government found.

Laws to establish the long-awaited scheme are set to pass the Legislative Assembly on Thursday, which will mean property developers will be held personally liable for issues with their buildings and must hold a licence to operate in the ACT.

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