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Owners cannot sell or refinance their property because of the flammable cladding, nor can they borrow against their equity to fund the urgent repairs. They’re trapped in a construction catch-22.
Advertisement The state government faces renewed calls to release a secret list of buildings with dangerous flammable cladding after publicly identifying dozens of affected properties across Melbourne with hoarding bearing the Cladding Safety Victoria logo. The risk of arson and terrorism has been cited by the government as its reason for withholding a list of hundreds of buildings with flammable cladding. A building on Weston Street, Brunswick East. The Cladding Safety Victoria logo has been used at sites where affected properties are being rectified. Credit:Chris Hopkins But protective hoar...