Ep 85. Half Of New NSW Apartments Have Serious Defects. Here's What's Actually Protecting You.

With more buyers being pushed toward new apartments under the 2026 Budget, Australia is heading into a high‑pressure construction boom — and a potential rise in building defects. In this episode, Michelle speaks with Corey Nugent, CEO of Resilience Insurance, to unpack the real risks in new builds, why most major defects don’t appear until years 3–6, and how Latent Defects Insurance (LDI) is reshaping buyer protection. They break down the limits of the current bond system, what LDI actually covers, and how buyers can check whether a building is insured before purchasing.