New research reveals private developers are significantly behind the public sector in removing dangerous cladding from residential buildings. The study found that replacement work could take up to a decade to complete, with private sector progress lagging considerably compared to government-led remediation efforts.

The research highlights a critical incentive gap that is slowing progress across the private market. While public sector buildings have moved more quickly through government-backed funding programs, private developers face different pressures that delay completion of necessary safety work.

Property owners and residents continue to face uncertainty as remediation timelines extend. The cladding crisis has already impacted thousands of buildings nationwide, affecting property values and leaving homeowners in limbo while safety concerns remain unresolved.

The findings suggest systemic issues in private sector accountability that regulators may need to address. Without stronger incentives for completion, the private market could remain stalled on cladding removal for years, leaving residents exposed to ongoing safety risks and financial uncertainty.