What will Australians give up for a high rise future?

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In 2019, Four Corners aired a story titled Cracking Up, which revealed systemic issues with construction quality across the nation’s apartment market.

“We’ve got a real problem here. It’s systemic, and it’s infecting lots of buildings across the landscape, in all parts of the country. It’s very clear”, one building analyst told Four Corners in 2019.

“I have never seen a building that isn’t defective in some way. I know it’s my job, but even just walking around in public, I notice these things”, a forensic engineer added.

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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.