flood australia
The flood damage bill is expected to be in excess of $2 billion. Image Supplied.
  • NSW damage bill expected to be over $2B
  • Work valued over $5,000 must be done so by a licensed worker
  • Warns scammer could 'show up' offering work

Last month, parts of New South Wales and Queensland suffered from extensive flooding. The storms were significant; at one point 10 million Australians were under a severe weather warning.

At the time, the flood damage bill was estimated to hit $1 billion. It has now this has risen to $2 billion.

As many households and businesses have begun to repair their properties, NSW Fair Trading Commissioner Rose Webb has warned that, unfortunately, scammers often take advantage of vulnerable people in difficult times.

There have been instances whereby unlicensed tradespeople target affected communities offering repairs, concreting, landscaping and other services. Work that is valued at over $5,000 is required to be done by licensed workers.

“With the destructive floods across NSW, consumers are reminded that anyone who undertakes work to rebuild or repair damaged homes is required to have a valid licence.”

“Avoid workers who simply show up without contact to offer their services and consumers should also check with their insurance provider before authorising any home repairs.”

Rose Webb, NSW Fair Trading Commissioner

Ms Webb has provided advice on how to go about selecting tradespersons and contractors.

She suggests getting multiple quotes for a job and not hand any money over before meeting the tradesperson. In terms of money, Ms Webb recommends avoiding cash transactions on the basis that chargebacks may be available if the work turns sour.

Additionally, consumers should avoid traders that charge large deposits and written contracts should be provided before any work takes place. Also, don’t be shy about asking the trader for references and examples of past work.

“Lastly, it’s also a good idea to ask family and friends for a recommendation rather than choosing a trader from an advertisement.”

You May Also Like

Rising costs making it tougher for renovators

It’s still possible to renovate your home despite rising costs and labour shortages hurting budgets

Aussies love renovations, but not as much as Kiwis

New research found that Aussies are the third most interested country in renovations

How Much Does A Concrete Slab Cost per m2 in 2023?

While the cost of concrete ranges from $75 to $100/m2, the size and purpose of your slab will determine price

Experts Corner by The Property Tribune

Ko & NPA partner to launch several co-owned luxury properties at Mermaid Beach, Gold Coast

Ko's partnership with NPA Projects provides more opportunities to co-own off-the-plan holiday residences, including exclusive Gold Coast properties

Continue reading

Top Articles

Expert tips on how to be a successful property investor

Property expert and buyer's agent, Lloyd Edge, shares his insights.

Australian commercial property update: Industrial and tourism assets lead the pack in trying times

Commercial assets have faced volatility recently, driven by financing changes and demand fluctuations from institutions and funds.

WA has emerged as a property investment hub, and why that's a good thing

Eastern investors chase Perth's affordability, doubling the distance between home and investment in 2023, reveals MCG research.