NSW belatedly cracks down on high-rise slum towers

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By Leith van Onselen

The Opal Tower farce, which saw residents evacuated from the 34-storey structure after huge cracks were discovered, has forced the NSW Government to undertake a major overhaul of high-rise construction. From The Australian:

The changes… will ensure that every party to the construction process, from drafting a design to the final build, is registered and qualified.

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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.