Australia needs a royal commission into high-rise construction

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By Leith van Onselen

The handwringing and panic about the build quality of Australia’s high-rise buildings continues with the men behind the company BlockAid claiming that building faults are widespread and at risk of cracking or collapsing in a scenario manner to Sydney’s 34-storey Opal Tower. From The Newcastle Herald:

Craig Thorley and Chris Rafferty believe there are numerous buildings across Maitland, in fact all over the country, made from reinforced masonry blocks that have been approved by certifiers when they do not comply to Australian building standards.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.