Australia’s building crisis fix will cost $6.2 billion: report
Karen Parish2020-10-07T16:29:17+11:0020 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 [...]