Geoff Hanmer, Adjunct Lecturer in Architecture, UNSW, has penned a nice summary of the state-of-play afflicting Australia’s high-rise apartment market, which has entered a doom loop as buyer confidence collapses:
“What we need to do is rebuild confidence in Australia’s building and construction sector,” said federal minister Karen Andrews after the July 2019 meeting of the Building Ministers’ Forum). Via The Conversation.
This has been a recurring theme since the federal, state and territory ministers commissioned Peter Shergold and Bronwyn Weir in mid-2017 to assess the effectiveness of building and construction industry regulation across Australia. They presented their Building Confidence report to the ministers in February 2018.
