In July, the Victorian Government launched a $600 million funding package to remove dangerous flammable cladding, the cost of which is to be split 50/50 by taxpayers and a new developer building levy.
Now, the Victorian Government has announced new laws to chase ‘dodgy’ builders for the costs of rectification. From The AFR:
On Tuesday Planning Minister Richard Wynne said the Building Amendment (Cladding Rectification) Bill 2019, allowing the government to raise building permit costs as well as create the “step-in” power to claw back costs on behalf of owners corporations, would be effective by year-end.