Opal Towers “tip of the iceberg”

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Via The Guardian:

The senior bureaucrat who reviewed building regulation for the New South Wales government has condemned the lack of action on his 2015 report, warning the defects in the Opal Tower at Sydney’s Olympic Park “are likely just the tip of the iceberg”.

Michael Lambert, the former secretary of NSW Treasury, was commissioned by the government to look into the failings of building regulation in NSW, after a fire in a building in Bankstown in 2012 revealed shocking breaches of the building code.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.