Combustible cladding and other building defects – what does 2020 hold for the industry? – Lexology

The fire in the Lacrosse building in 2014 Melbourne heralded the beginning of intense focus on the quality of building work in Australia.

2020 will see that focus continue. Many of the Victorian Governments taskforce findings and recommendations are now making their way into policies and proposals for long term structural changes in the regulation of building work. Many in the development and construction industry are also taking a pro-active approach in seeking to identify more effective ways of producing quality, compliant buildings and not relying on regulation to achieve that.

In 2020, we expect to see:

For a building project with a value of $25 million, the additional levy will add approximately $205,000 to the cost of the development. Those funds will be used by Cladding Safety Victoria for the rectification of extreme and high risk buildings with non-compliant external cladding;

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Combustible cladding and other building defects - what does 2020 hold for the industry? - Lexology