Defects cost Sydney’s homeowners and taxpayers $700m annually. How did we get here and what is being done about it?
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Defective buildings across Sydney are costing home owners and taxpayers $700 million a year. This is what is at stake as development accelerates.
Building defects cost Sydney home owners and taxpayers $700 million a year. Some of the problem begins with who is engaged to do the work.
Defects are being kept out of strata reports and the building commission is removing defects notices from public view - all of which creates a trap for prospective buyers such as the Tsolakis family.
Building defects cost homeowners north of $700m a year. These are the rectification orders issued in the past four years.
What does NSW need to do to solve its defects crisis? It starts by acknowledging there’s a problem – then taking these seven steps.
This North Sydney apartment building has the same faults as it had when the building minister called it out in 2023.
Tradies can obtain qualifications without formal testing from a vast number of private organisations.