NSW tells flammable building owners to fix it themselves

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After experiencing an unprecedented boom in high-rise apartment construction over the past decade:

And with flammable cladding and structural faults proliferating across Sydney, the NSW Building Commissioner has told apartment owners not to expect a ‘bail-out’:

The NSW Building Commissioner has warned that owners of buildings with defects will not be bailed out by the Government.

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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.