Another vertical slum evacuated amid severe cracking

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By Leith van Onselen

On Christmas Eve, all residents at Sydney’s 392-apartment Opal Tower were evacuated after serious cracking was discovered. And five months later, around half of the complex remains unoccupied with engineers still undertaking remediation works.

Back in February, Bronwyn Weir – the construction lawyer who last year co-authored a key industry report – said “Opal is the manifestation of a system in trouble” and “the tip of the iceberg of what’s potentially going on in buildings”, with more building failures similar to the cracks that impacted Sydney’s Opal Tower inevitable.

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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.