"In the US, Subway is contributing to the cost of these refurbishments but in Australia franchisees are expected to fund the refurbishment themselves."
Subway is closing down stores around Australia, battling decreasing revenue and franchisees are bearing the brunt.
Owners' corporations trying to address major defects find the laws and their regulations are of little help.
"The statutory warranty period for claims for recompense (up to two years for “minor” defects and up to six for “major” defects) has long expired."
The Mascot Towers crisis is the second seismic shock delivered to the Sydney high-rise residential market in just six months.
