A government review has found rogue Queensland developers are responsible for financial and safety problems that will only get worse ahead of the 2032 Olympics.
Queensland’s developers would have to be accredited, follow a code of conduct, and meet new education and accountability standards under a crackdown proposed by an independent panel.
“The behaviours of more professional developers tended to positively impact a project across the contractual chain,” the report found.“Conversely, the panel heard that poor behaviour by developers often affected security of payment, increased solvency risks in the contractual chain, unreasonably altered risk profiles by pushing risk down the contractual chain, contributed to substandard building practices, and caused a reduction in safety during construction.
“The panel is aware that the review has occurred in a landscape characterised by high-profile building and“A perfect storm of factors, including COVID-19 and supply and labour shortages, has placed additional pressure on the sector.”
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