NSW Government to Provide $3m Relief to Mascot Towers
Minister for Better Regulation Kevin Anderson today announced a $3m package to assist residents of the Mascot Towers building as they enter a second week of uncertainty on what the future holds. The funds include an allowance of up to $400 per night in relocation costs.
Whilst certainly welcomed by those affected, the announcement sets a precedent in an environment where a number of industry experts are predicting that this is just the tip-of-the-iceberg of structural issues. At the same time, the minister announced a significant shake-up of the construction industry in the state – what this looks like time will tell.