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The ongoing probe into serious defects in four blocks of new apartments in the Lachlan Line’s complex at Macquarie Park adds to the litany of faulty new builds blighting the real estate market in NSW and nationwide.
Who knew what and when about the defective slab in the Lachlan’s Line building? And when must a prospective buyer or tenant be told if a building has a defect?
The revelation by the Building Commissioner David Chandler that up to 20 per cent of property developers in NSW are “risky” must send shivers down the spines of apartment owners.
Recent Australian residential construction failures revealed a need for capturing, sharing and collaborating on construction project data.
To prevent a repeat of disasters such as the Opal and Mascot towers, states need to better regulate their building industries – and they need to move faster.