Day: October 11, 2019

Categories
Construction Kingston Place

Potential Collapse at Kingston Place

#Construction #KingstonPlace #Collapse #HeiseSays The Government has stepped in to mitigate a potential collapse at Kingston Place in Canberra. References Morris Construction refuses to perform emergency work on Kingston Place apartments https://www.abc.net.au/news/2019-10-11/morris-construction-defies-rectification-order-on-kingston-place/11591372?section=business Morris refuses to address Kingston apartment defects, forcing ACT govt to do work https://www.canberratimes.com.au/story/6431022/morris-refuses-to-fix-kingston-apartment-defects-forcing-act-govt-to-step-in/

Categories
Economy

Australia’s Household Debt

#Debt #Australia #Household #HeiseSays Australia’s household debt is at a record high. References Why are we so worried about household debt? https://au.finance.yahoo.com/amphtml/news/why-worry-household-debt-190036599.html

Categories
Economy

Australian Asset Recycling

Australia #AssetRecycling #Infrastructure #HeiseSays Calls for Asset Recycling are becoming louder. Will we learn from the past? References https://www.investopedia.com/terms/p/public-private-partnerships.asp Josh Frydenberg rejects state push to bring back asset recycling https://www.theaustralian.com.au/nation/josh-frydenberg-rejects-state-push-to-bring-back-asset-recycling/news-story/2147b64f5c81d6062d87450bec7acb98 Asset recycling may look new and exciting. But it’s the last gasp of a failed model https://www.theguardian.com/commentisfree/2017/jun/07/asset-recycling-may-look-new-and-exciting-but-its-the-last-gasp-of-a-failed-model

Categories
Construction

Flammable Cladding in South Australia

#FlammableCladding #SouthAustralia #Construction #HeiseSays 30 Buildings in South Australia have been found at high risk due to flammable cladding. References ‘Extreme risk’ identified in SA buildings due to combustible cladding