Property Council polishes high-rise apartment crisis turd

Advertisement

You’ve got to love the propagandists at the Property Council of Australia (PCA).

After the co-author of the Shergold-Weir report into Australia’s building industry stated that she “wouldn’t buy a new apartment” on Monday’s Four Corners investigation, the chief executive of the PCA dismissed that there is a crisis, instead claiming that Australia’s building standards are robust. From The ABC:

The co-author of a landmark report on how to fix Australia’s building industry has declared she would not buy a newly built apartment, given the scale of the problems.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.