OCN in the Media

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Aussie state government steps in to help stranded Sydney residents after building foundation cracks

2020-10-08T12:07:57+11:00

3 JULY 2019 SYDNEY, June 24 (Xinhua) -- Residents of Sydney's Mascot Towers, which were evacuated earlier this month due to suspected structural damage, will receive financial support from the New South Wales State Government to cover the costs of temporary accommodation. State government officials said on Sunday that residents of the around 10-year-old building will be able to apply for the costs of daily accommodation for a period up to [...]

Aussie state government steps in to help stranded Sydney residents after building foundation cracks2020-10-08T12:07:57+11:00

Minister defends city’s high-rise housing

2020-10-08T12:09:06+11:00

3 JULY 2019 The Minister for Better Regulation has denied there are widespread problems in the city's high-rise residential housing sector, saying "I don’t believe there is any great cause for alarm for other apartment buildings across Sydney". Announcing an emergency financial assistance package for residents of the beleaguered Mascot Towers block on Sunday, Minister Kevin Anderson said the NSW government would restore "confidence" with "the biggest shake-up of the construction [...]

Minister defends city’s high-rise housing2020-10-08T12:09:06+11:00

Mascot Tower owners crowdfunds to raise $1m

2020-10-08T12:10:33+11:00

3 JULY 2019 Sydney Mascot Tower owners have started crowdfunding to raise money after an owners' meeting on Thursday elected to raise a special levy of $1.1 million to fix the defective building. The Owners Corporation Network agrees it is time for governments to look at better consumer protections for homebuyers. Strata management also needs another look-in while homebuyers, particularly the growing number of apartment owners, need to continue take an [...]

Mascot Tower owners crowdfunds to raise $1m2020-10-08T12:10:33+11:00

‘No effective oversight’: why the Opal and Mascot Towers cases may be the tip of a very large iceberg

2020-10-08T12:11:28+11:00

03 JULY 2019 The Mascot Towers crisis is the second seismic shock delivered to the Sydney high-rise residential market in just six months, following the emergency evacuation of residents from the Opal Towers at Homebush on Christmas Eve. The Mascot Towers crisis is the second seismic shock delivered to the Sydney high-rise residential market in just six months, following the emergency evacuation of residents from the Opal Towers at Homebush on Christmas [...]

‘No effective oversight’: why the Opal and Mascot Towers cases may be the tip of a very large iceberg2020-10-08T12:11:28+11:00

Mascot Towers resident angry over restricted access to strata meeting amid cracks in building

2020-10-08T12:13:08+11:00

3 JULY 2019 A resident evacuated from a Sydney apartment complex is angry over what they say is an attempt to block them from bringing supporters and legal representatives to tonight's owners' meeting. One Mascot Towers apartment owner, who did not want to be identified, said she asked a colleague who is a lawyer to accompany her to the meeting, only to find out he was not welcome. On Tuesday, she [...]

Mascot Towers resident angry over restricted access to strata meeting amid cracks in building2020-10-08T12:13:08+11:00

The statistic that could make you think twice about buying in a high-rise

2020-10-08T12:13:58+11:00

3 JULY 2019 Building defects in the Opal Tower and Mascot Towers have cost residents financially and emotionally, but the Grenfell Tower disaster in London cost dozens of people their lives. However, a new report from Deakin University has revealed 97 per cent of apartment buildings in New South Wales, and 85 per cent across Australia have some form of structural defect. It follows studies by the University of New South [...]

The statistic that could make you think twice about buying in a high-rise2020-10-08T12:13:58+11:00

Calls for change as apartment owners forced to foot the bill to save unsteady building

2020-10-08T12:15:00+11:00

3 JULY 2019 A controversy has erupted in Sydney where residents evacuated from the cracked Mascot Towers have been left homeless and told they'll have to foot the repair bill. Building defects in NSW are covered under manufacturer warranty for six years after construction.  Following this, the burden of paying for all repairs falls to the owners. A controversy has erupted in Sydney where residents evacuated from the cracked Mascot Towers [...]

Calls for change as apartment owners forced to foot the bill to save unsteady building2020-10-08T12:15:00+11:00

Sydney’s dirty strata secrets emerge through cracks in Mascot Towers

2020-10-08T12:15:53+11:00

3 JULY 2019 The masonry at Mascot Towers isn't the only thing cracking in Sydney this week. The entire edifice of silence and self-interest which has encouraged government and the market to turn a blind eye to the true extent of building defects in new strata developments is crumbling. For 20 years, new residential strata schemes have been plagued with building defects. According to one estimate, 80 per cent of all [...]

Sydney’s dirty strata secrets emerge through cracks in Mascot Towers2020-10-08T12:15:53+11:00

Mascot Towers unit owners to foot bill for repairs prompting calls for better consumer protections

2020-10-08T12:22:45+11:00

3 JULY 2019 Owners of apartments in the Mascot Towers development will be left with a hefty bill to repair structural damage as the building is too old to fall under warranty, with property experts calling for better consumer protections. Residents were forced to evacuate the 10-storey Sydney building on Friday night after major cracks appeared in its beams. Temporary building props were installed in the carpark earlier in the week [...]

Mascot Towers unit owners to foot bill for repairs prompting calls for better consumer protections2020-10-08T12:22:45+11:00

Buyer interest plummets as Sydney’s failing high-rises trigger headlines

2020-10-08T12:23:34+11:00

2 JULY 2019 Sydney residents were evacuated from their Mascot Towers homes in June after cracks appeared in their walls, in an incident that echoed Christmas Eve’s Opal Tower evacuation in Sydney’s Olympic Park area. The images of confused residents milling outside the troubled towers with pets and belongings in their arms have come to represent New South Wales’ high-rise housing crisis. Nearly all (97 per cent) of new high-rise apartment [...]

Buyer interest plummets as Sydney’s failing high-rises trigger headlines2020-10-08T12:23:34+11:00
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