Residential building customers in New South Wales are being forced to cough up with thousands of dollars in payments over and above what they believed they would be liable for, the consumer regulator in that state says.

In a recent statement, former (recently retired) NSW Fair Trading Commissioner Rod Stowe said his agency was hearing concerns from consumers who entered into building contracts and were subsequently forced to pay more than what they thought they would have to.   One problem revolved around consumers entering into ‘fixed price’…