PROPERTY SECTOR WEASEL THEIR WAY OUT OF INFLAMMABLE CLADDING REPLACEMENT

WHAT is preventing the NSW Government enforcing Developers to meet the cost of removal and replacement of this highly inflammable material?

With the Lacrosse building cladding fire in November 2014 the material should have been banned, and the replacement cost borne by the developer/contractor/subcontractor from then on!

Minister for Innovation and Better Regulation, Matt Kean has gone on record as saying he believes developers should pay for the removal and replacement of the cladding. Sadly the Minister for Housing, it appears, is MIA!

MEANWHILE the developer lobby, the Property Council of Australia, proposes the government should consider funding the rectification … grunt … grunt …

 

Owners of NSW apartments with combustible cladding may need second mortgage for repairs