Insurance costs rise due to dodgy building materials | Owners Corporation Network

Insurance costs rise due to dodgy building materials

HOMEOWNERS will cop huge insurance hikes unless governments stop developers using cheaper, substandard building products, an industry peak body has warned. Insurance companies are now demanding a national building quality watchdog, with powers to enter building sites to check for banned ­products, such as dangerous Chinese electrical cabling, flammable cladding and imported wall panels laced with asbestos.
Media Publication: 
Media Author: