Homeowners who buy defective apartments will have an easier path to pursue damages under the Berejiklian government's response to widespread problems in high-rise residential buildings.
The long-anticipated building reforms, released on Wednesday, will also create a new registration system for the industry, while developers will be forced to comply with "declared" building designs.
But the reforms will only apply to buildings yet to be constructed. The Owners Corporation Network is
1. "Very happy" that the Bill takes the first critical step towards delivering higher building standards (we are still to read the final Bill), but
2. continues to call for no or low interest loans for owners currently struggling with crippling defects.