With Australia’s East Coast littered with flammable and faulty towers, Meriton Apartments founder, “high-rise” Harry Triguboff, has demanded banks rescue the sector:
“If the cladding is a problem the banks will suffer a lot because of the value of the apartments dropping,” Mr Triguboff told The Australian.
“For a few thousand dollars each they can fix it. The banks have to get together and help the people.”