The Property Council supports proposals for systematic auditing of existing buildings with cladding, and a ban on the future importation and sale of 100% polyethylene core aluminium composite panels.
“The housing sector has already stepped back from its role driving the Australian economy and now is not the time for governments to hit the industry with punitive charges,” warned Tim Reardon, HIA’s Principal Economist.
"Apartments that are smaller than 40 square meters, we call them a dog box or a broom cupboard. It looks good financially on a spreadsheet but ultimately...it's incredibly difficult to sell them."