Categories
Economy

Stopping The Next Mascot or Opal Towers.

#Opal #MascotTowers #HeiseSays Stopping The Next Mascot or Opal Towers. References

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Construction Otto Rosebury

πŸ— Sydney Builder Collapses with $30 Million Defects Bill

Another Sydney Builder has collapsed this time allegedly with $30 million in outstanding defects.

Categories
Construction Mascot Towers

🏚 Christmas Present for Mascot Towers Retailers Allowed to Remain Open

Retailers in Mascot Towers have been given a Christmas present as they are now allowed to remain open during the festive season.

Categories
Construction Opal Tower

Opal Tower Builder Wins Legal Battle | Apartment Construction Update

Opal Tower Builder, Icon, has won an important legal battle with their insurance providers.

Categories
Economy

Cracking at Revesby Workers’ Club

Cracking has been reported at the carpark of the Revesby Workers’ Club.

Categories
Opal Tower

The Opal Tower Defects Bill

#OpalTower #Defects #Construction Icon construction only allocated $1 million for defects in Opal Tower. An insufficient amount given that Icon has reportedly spent $24 million already. References Opal Tower builder Icon put aside $1 million for building defects but has spent $24 million so farhttps://mobile.abc.net.au/news/2019-08-28/opal-tower-developer-icon-reveals-24-million-spent-on-repairs/11452742?pfmredir=sm&sf218208758=1 Opal Tower built on β€˜bargain basement prices’ β€” say subcontractorshttps://www.news.com.au/finance/business/other-industries/opal-tower-built-on-bargain-basement-prices-say-subcontractors/news-story/a55d5c6bc396a013f4e82b38252d5890

Categories
Construction Mascot Towers

Mascot Towers Owners Lifelong Repair Debt

#MascotTowers #Cracking #Construction The Owners from Mascot Towers are facing the prospect of a lifelong repair bill. While they are calling upon the state to step in, I want to ask if it was possible for new purchasers to identify the construction issues. Could a building dilapidation and pest inspection have identified these issues? References […]

Categories
Construction Economy

Apartment Demand Crashes

#Development #Apartments #Australia Developers are admitting that demand for Apartments is waining as buyer become warier following recent defect issues in the media. References Australia’s top developers acknowledge impact on potential buyers after Opal, Mascot Towers apartment defect news https://www.domain.com.au/news/australias-top-developers-acknowledge-impact-on-potential-buyers-after-opal-mascot-towers-apartment-defect-news-869967/

Categories
Construction NSW Parliamentary Inquiry - Regulation of Building Standards

NSW Parliamentary Inquiry – Regulation of Building Standards (RAIA Submission)

#Construction #NSW #Inquiry The New South Wales Parliamentary Inquiry into the Regulation of Building Standards, Building Quality and Building Disputes is underway, let’s look at the Terms of Reference and the submission by the Royal Australian Institute of Architects. References Regulation of building standards, building quality and building disputes https://www.parliament.nsw.gov.au/committees/inquiries/Pages/inquiry-details.aspx?pk=2540#tab-members No. 129 Australian Institute of Architects […]

Categories
Opal Tower

Opal Tower Court Case Delayed

#OpalTower #CourtCase #Australia The Opal Tower class action lawsuit has been delayed by 42 days due to the complexity of the class-action lawsuit. Let’s look at the Judges concerns and the portions of the Home Building Act that would be relevant to this case. References https://www.abc.net.au/news/2019-08-09/sydney-opal-tower-class-action-lawsuit-proceedings-delayed/11398794