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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/5c4e2689-0946-4fe4-a286-b3a1006facb0/transcript

Advertisement