Leaky-home experts fear a proposed overhaul of the Building Act could leave unlucky home owners - apartment owners in particular - in financial ruin.

Under the new regime, liabilities are only assigned to the party responsible, and for many new buildings, a warranty will be required.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks the concerns further.

LISTEN ABOVE

Leaky-home experts fear a proposed overhaul of the Building Act could leave unlucky home owners - apartment owners in particular - in financial ruin.
Under the new regime, liabilities are only assigned to the party responsible, and for many new buildings, a warranty will be required.
NZ Herald Wellington business editor Jenee Tibshraeny unpacks the concerns further.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's Building Act overhaul

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2b6037e3-7ff2-4004-bfb8-b3a1006fb75c/transcript