NSW’s peak strata body warns that Sydney apartment owners are facing a $1 billion repair bill to replace dangerous flammable cladding and has called on taxpayers to pay. From The SMH:
Mr Duggan estimated that $1 billion was “a more appropriate figure” to remedy the more than 600 buildings affected by combustible cladding.
“Enough is enough at this point in time. We’ve got a systemic crisis at the moment across NSW with defects, cladding and issues that are all stacked against consumers,” Mr Duggan said.