Open forum on the Fidelity Fund NT
HIA members have raised concerns about the NT Fidelity Fund's transparency and response times. HIA has been advocating for improvements to reduce impacts on businesses and homeowners.
What's wrong with the Fidelity Fund NT and how does it affect builders?
Builders in the NT are affected. Slow response times and lack of transparency in the Fidelity Fund can delay projects and create cash flow problems.
Key takeaways
- HIA members have flagged transparency and slow response times as key issues with the NT Fidelity Fund.
- HIA has been pushing for reforms to reduce the burden on builders and homeowners in the NT.
- An open forum suggests the issue is being escalated for broader industry input.
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