Kerre Woodham: Can you have confidence in buying a new build with partial liability?

Two stories in the Herald today - one about the announcement from Christopher Luxon and Chris Penk yesterday, changing the building liability settings so ratepayers aren't burdened with picking up the tab that shonky developers, builders, or architects are responsible for. In the Herald story, they cite a case in Queenstown: the Oaks Shores body corporate filed a $160 million claim for weather type defects.