Susan Lloyd-Hurwitz, the CEO of Australia’s largest apartment developer Mirvac, has demanded an urgent lift in building standards, labelling the crisis in defective units as “outrageous” and a “breach of faith”. From The SMH:
“Of particular urgency currently is the need to raise building standards in Australia,” she said.
Ms Lloyd-Hurwitz said it was “unacceptable” families who bought or rented apartments in good faith could find themselves without a home to live in and then face years of legal battles and substantial costs to rectify buildings.