The Cook Government is contributing a capped amount of $30 million towards the Industry Response, with the remaining funding provided by the pipe manufacturer, Iplex Australia and participating builders.
Why is the government paying anything? These are private businesses with a faulty product. Its their and their insurers problem? What have i missed?
The Industry Response provides a practical and proportionate remediation program based on the number of Typlex 1050 leaks at a home: repairs and a ceiling re-pipe for one leak, a zone re-pipe for two leaks and the choice of a full or partial replacement of all pipes for three or more leaks.
This sounds like a crazy solution to me, people i know are having these leaks, one had to move out for a few weeks while almost her whole house's ground floor was redone. That was for a single leak, so she has to put up with the possibility of that situation two more times? There better be accomodation and inconvenience payments at least.
Also how are these houses going to be insurable?
All homes with Typlex 1050 pipes are eligible for the installation of a leak detection unit at no cost through an online registration system operated by Iplex:www.perthpbresponse.com.au(link is external)
This will be okay, i hope they are actively contacting people as well.