UK cladding plan increases pressure on developers globally

A UK plan for property developers to contribute to a £4 billion ($7.6 billion) fund to fix dangerous cladding would put pressure on apartment developers and builders in Australia to take more liability for the use of combustible panels, architect and former Victorian premier Ted Baillieu says.

Mr Baillieu, who in 2017 co-chaired Victoria’s taskforce assessing the problem in the worst cladding-affected state and who has spoken in the UK about the Australian crisis that has left thousands of apartment owners with unsellable homes, said the UK plan would up the ante globally on liability.