Flammable cladding the new asbestos

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The head of Victoria’s cladding safety agency, Dan O’Brien, claims that 35% of buildings audited have flammable cladding, and has likened the problem to asbestos:

Mr O’Brien said the Statewide Cladding Audit by the Victorian Building Authority had inspected 2300 buildings since it began in 2017, with 805 found to have aluminium composite panels or expanded polystyrene.

He said 416 buildings had been identified as high risk…

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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.