Navigating the new era of construction liability risk for developers and financiers

Recent legislation designed to improve building quality in NSW may expand liability to developers and financiers of buildings with defects, highlighting the importance of undertaking thorough commercial, financial, and legal due diligence.

The Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (NSW) (RAB Act) and the Design and Building Practitioners Act 2020 (NSW) (DBP Act) were introduced by the NSW Government to improve building quality, consumer protection and industry standards in NSW, particularly in relation to residential apartment buildings (known as class 2 buildings). The legislation has since been expanded to cover class 3 and 9C buildings, which includes hotels, jails, residential care an...

Sign in below or register now to read the full article

Authors: Amanda Coneyworth

Published Date: 12 June 2025

Forgot Password?      Forgot Username?      If you need assistance with your existing account, please contact us.