Latest / Early Edition with Ryan Bridge / Matt Ball: Property Investors Federation Advocacy Manager on the new meth contamination laws

Transcript

Matt Ball: Property Investors Federation Advocacy Manager on the new meth contamination laws · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: We've got new rules out on when a rental's two
• 0:02
  Speaker 1: contaminated with meth. Under fifteen micrograms per one hundred square meters,
• 0:06
  Speaker 1: you're fine. Fifteen to thirty you need a clean. Over
• 0:09
  Speaker 1: thirty either side canning the lease within a week. Matt
• 0:13
  Speaker 1: Ball Property Investors Federation is with us this morning, Matt,
• 0:15
  Speaker 1: Good morning, Walling Ryn. So this is good because it
• 0:19
  Speaker 1: gives clarity.
• 0:21
  Speaker 2: Yeah, it does so at the moment, there are two standards.
• 0:24
  Speaker 2: There's one point five micrograms per one hundred square centimeters,
• 0:28
  Speaker 2: and then there's the fifteen micrograms, which is the science
• 0:31
  Speaker 2: advice above or below which sorry, it's unlikely to cause
• 0:35
  Speaker 2: an adverse effects. So fifteen and below health is fine.
• 0:39
  Speaker 2: Fifteen and above you need to decontaminate. A must rule clarified.
• 0:44
  Speaker 2: It's great.
• 0:45
  Speaker 1: How much what does decontamination cost? Like, if you're in
• 0:48
  Speaker 1: the fifteen to thirty where you need a clean, what
• 0:50
  Speaker 1: does that mean like just a bit of spray and wipe.
• 0:54
  Speaker 2: No, it can be quite extensive depending on the level
• 0:57
  Speaker 2: of contamination. So just to give you a bit of
• 0:59
  Speaker 2: an eye there, Caring Aura spends around three to four
• 1:03
  Speaker 2: million dollars a year decontaminating and they only decontaminate at
• 1:07
  Speaker 2: levels above that fifteen. That's quite a cost.
• 1:10
  Speaker 1: Sure, do you see much of it these days?
• 1:14
  Speaker 2: Yes, our members do see a lot of it, and
• 1:17
  Speaker 2: because of this conflicting standard, we have members decontaminating at
• 1:21
  Speaker 2: levels above one point five at the moment. So that's
• 1:24
  Speaker 2: a considerable cost, which really they shouldn't have to spend,
• 1:27
  Speaker 2: and that cost will be removed, so that's great. I
• 1:30
  Speaker 2: did a quick search of tendency tribunal cases before I
• 1:33
  Speaker 2: came on here, nearly eight hundred cases in the last
• 1:37
  Speaker 2: three years, and these are the cases that reach the tribunal,
• 1:40
  Speaker 2: are the ones with high contamination. Generally, that's also quite
• 1:44
  Speaker 2: a considerable expent, so it's a big problem. This doesn't
• 1:49
  Speaker 2: solve the meth problem, but it does solve the confusion.
• 1:52
  Speaker 2: It will reduce the costs, and hopefully it will make
• 1:55
  Speaker 2: people feel a bit better knowing that the contamination levels
• 1:59
  Speaker 2: are set at the actual scientific recommended levels when they
• 2:04
  Speaker 2: actually do start to impact health.
• 2:06
  Speaker 1: Matt, appreciate your time. Thanks for being with me, Matt
• 2:08
  Speaker 1: Bull the Property Investors Association. For more from early edition
• 2:12
  Speaker 1: with Ryan Bridge, Listen live to news talks at b
• 2:15
  Speaker 1: from five am weekdays, or follow the podcast on iHeartRadio