http://www.abc.net.au/news/2015-08-...e-property-developer-building-meriton/6676962 "I tried all my life to make housing affordable. The more affordable the house, the more money I make". -Harry Triguboff
Avoid Meriton buildings at all costs. Build fast and cheap. Just goggle building defects about Meriton
Maybe... Though you need to look at the big picture! In terms of what the global standard of construction actually is, Meriton are doing a great job. I give it up to old Harry!
Well Meriton buildings are placed in ideal locations. I have worked and lived in several Meriton buildings in World Tower, Meriton Tower, Museum, Rialto, High Way Tower, Summit and the many buildings in Zetland. (Correct me if Summit is not) To each to their own, but the amount of defects and maintenance issues in each of these buildings are amazing. Sure all builders these days are chasing for the max dollar and fast turnaround time, but for me personally I will never buy a Meriton building.
Harry has declared bankruptcy couple of times in his earlier days, ripping off people, so wonder if he was thinking of those people.
he is worth more than 9b I think I read somewhere. so perhaps he can pay for all those debts when he declared bankruptcy (sarc..)
Twenty years ago Bob Carr brought in secured payment legislation because of his disposition to bank rupt and control trades to his projects using contractors to fund the build essentially. Just now,He was now in court bullying the state when he was found corrupt in employing state planning officials for insider trading which precluded him from the Lachlan line project. Off the top of my head