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Too late the hero, the NSW Government has announced new reforms to the construction industry to “lift standards”:
Homeowners who buy defective apartments will have an easier path to pursue damages under the Berejiklian government’s response to widespread problems in high-rise residential buildings.
The long-anticipated building reforms, released on Wednesday, will also create a new registration system for the industry, while developers will be forced to comply with “declared” building designs.
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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.
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