Sydney’s apartment crisis mushrooms as faults spread

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Sydney’s apartment crisis continues to deepen following a series of high profile structural faults reported across major complexes.

Residents of faulty apartment blocks have inundated a NSW parliamentary inquiry with submissions before it investigates construction standards in August. From The SMH:

Human waste flowing down apartment hallways and bubbling up through shower drains, wall cracks stuffed with newspaper, crumbling building facades and balconies that need propping up.

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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.