Mascot Towers owners say they were "absolutely gutted" after Better Regulation Minister Kevin Anderson suggested displaced residents devised a scheme to secure taxpayers' money.

Mr Anderson told Parliament on Wednesday that the owners had "flip-flopped" over their options to fund essential remediation work on the cracked building, which saw them evacuated in June.

Better Regulation Minister Kevin Anderson said Mascot Towers owners had "flip-flopped" over the options. Credit:AAP

The minister said owners had the option of taking out a loan over many years but instead decided to raise special levies, only to then say they could not afford the repayments.

Owners in the apartment block need to start paying levies of between $5000 and $14,000 a month for the next nine months to ensure the cracked building can be stabilised before summer.