Five of Australia’s largest business groups – Master Builders Australia, the Australian Industry Group, the Insurance Council of Australia, the Property Council of Australia and the Australian Construction Industry Forum – have demanded urgent federal government intervention to fix the insurance crisis afflicting private building certifiers in the wake of widespread reports of faults and flammable cladding across Australia’s high-rise. From The Australian:
The groups have voiced their deep dissatisfaction to federal Industry Minister Karen Andrews ahead of a meeting she will chair this week with state counterparts that will focus on the inability of many private building certifiers and surveyors to obtain compulsory insurance.
In a letter to the minister, the five signatories stress the need to renew “public confidence” in the nation’s building industry as the sector that “provides the most full-time jobs” and contributes more than 7 per cent of GDP as “a vital engine room of economic growth”…
