cladding

Australia’s building crisis fix will cost $6.2 billion: report

2020-10-07T16:29:17+11:00

20 AUGUST 2019 The cost of fixing the unfolding national building crisis, including widespread residential apartment block defects and the use of dangerous combustible cladding, could soar past $6.2 billion, according to a new economic analysis. More than 3400 residential unit blocks across the country have potentially flammable exterior cladding, according to a report commissioned by the construction union. Those high-rise blocks take in about 170,000 apartments. In NSW, hundreds of [...]

Australia’s building crisis fix will cost $6.2 billion: report2020-10-07T16:29:17+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

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

Experts warn of more major building defects to follow Mascot Towers drama

2020-10-08T12:25:45+11:00

23 JUNE 2019 Just six months after Sydney’s Opal Tower was dramatically evacuated, another Sydney high-rise has been hit by potentially devastating cracks. And experts say the nightmare facing residents of Mascot Towers won’t be the last. According to Owners Corporation Network spokesman Stephen Goddard, these incidents could be just the tip of the iceberg. He said the problem was probably far greater than most people realised because many owners within faulty [...]

Experts warn of more major building defects to follow Mascot Towers drama2020-10-08T12:25:45+11:00

‘Daunting’ reality for strata lot owners after Mascot Towers evacuation

2020-10-08T12:29:49+11:00

17 JUNE 2019 Strata lot owners could have to pay for building repairs after the Mascot Towers residents were evacuated. Owners Corporation Network President Gary Petherbridge tells Ross Greenwood the problem is systemic.  “People shouldn’t be buying off the plan anymore, you’re better off to wait 10 years until the property is sorted out.” > Listen to the full interview at 2gb.com Brooke Corte

‘Daunting’ reality for strata lot owners after Mascot Towers evacuation2020-10-08T12:29:49+11:00

Falling through the cracks: Governments slammed over building standards after Mascot evacuation

2020-10-08T12:30:46+11:00

16 JUNE 2019   Lawyer and strata specialist Stephen Goddard claimed developments could be rushed through by governments eager to profit from stamp duty and other taxes. “Everybody is on a money hit,” Mr Goddard said.  “The government wants to keep the builders building because it gets stamp duty … what happens in the end? People who buy in these apartments get it in the neck.” > Read the full article at [...]

Falling through the cracks: Governments slammed over building standards after Mascot evacuation2020-10-08T12:30:46+11:00

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

2020-10-08T12:34:17+11:00

16 JUNE 2019 Stephen Goddard, spokesman for the Owners Corporation Network — an advocacy group for owners in strata schemes — said owners of apartments in the decade-old Mascot Towers development were no longer covered by the statutory warranty period and would now be left with a hefty bill. "Consumers have nowhere to go in these sorts of situations, there's nobody for them to sue, there's nowhere for them to turn," [...]

Mascot Towers unit owners to foot bill for repairs prompting calls for better consumer protections2020-10-08T12:34:17+11:00
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