Inside Australia's home building and housing crisis—and the dodgy developers that corporate regulators don't touch.

Really interesting episode of the ABC's Four Corners program this week: https://youtu.be/JwqdvttDwUI

Along with the ongoing issues the building industry is facing, including skills and product supply shortages, the episode looks at a dodgy Sydney-based development firm the corporate regulators haven't touched.

"Dyldam was once a towering force. Its apartments still line the streets and light up the skyline of western Sydney.

"But for more than a decade, the Dyldam group has left a trail of misery behind it that includes bankrupt businesses, unpaid taxes, tradies denied payment for work they've done, suppliers ripped off, and anguished apartment buyers stuck with defective buildings — one built so badly it posed a hazard to human life.

"Time and again, a litany of potential law-breaking has been identified by those brought in to clean up the mess left by busted Dyldam companies.

"Yet, for years the corporate regulator, the Australian Securities and Investments Commission (ASIC), took no action."

https://www.abc.net.au/news/2023-07-17/dyldam-apartments-fayad-construction-four-corners/102598590

#housing #property #urbanism @sydney @urbanism @fuck_cars @australia #business #auspol #nswpol #HousingAffordability

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Open question for @sydney and #Sydney on Mastodon:

If the suburbs around Chatswood and Crows Nest are on the Lower North Shore, and the area around Hornsby is the Upper North Shore, then what's Ryde?

We may take advantage of the warm weather and head out for a hike/walk tomorrow. I'm wondering if anyone here might be able to suggest something new. Ideally it would be accessible by train. Usually the furthest we can travel is south to Otford or north to the Hawkesbury. The trips out west (mountains) take too long although we've been meaning to check out the Western Sydney Parklands. We'd be striking out from the inner city. Feel free to suggest anything and I'll let you know if we've been there.

We saw this giant dragonfly out the back of Heathcote about a couple of years ago (I think).

A late finish leads to a late start.

Transcription:

A Facebook post "Suggested for you"

Transport for NSW ☑

a day ago

If it's not a red flag or a green flag, then it's probably a beige flag - something odd that isn't a deal breaker. 🤔

What are your commuter beige flags? 🏳️

Commuter beige flags

willingly sits backwards

chooses single tickets over tapping on

<a picture of the same man standing on a train platform with his toes just touching the yellow line marking the edge of the safe area, looking over his shoulder back at the camera>

stands uncomfortably close to the yellow line

<a picture of the same man sitting on a train holding his left hand out pretending to use a makeup compact, while his other hand pretends to apply makeup to his eye>

does their makeup during their journey

Trains are cooked tonight. Cancel all plans.

There's no sense in hiding anymore.

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I'm currently throwing down the last glass of my red wine goon and trying to procrastinate going to bed.

What's happening in your nape of the woods? Neck of the wape? ...Why are you here? Y'know, skarnon?

Extra prompt: what's your worst personal trait? I'm a grammar and spelling nazi, and even though sometimes I understand what people are saying, if it's out of context I pretend I have no fucking idea what they're talking about in order to get them to communicate more effectively.