The domestic building insurance scheme in South Australia is struggling to remain viable and requires a significant overhaul in order to address deficiencies in consumer protection, a leader in the state’s building consulting industry says.

Association of Building Consultants executive committee member and spokesperson Chris Short says the state’s domestic building insurance scheme is struggling under the weight of growing insolvencies as well as gaps in the insurance pool. These gaps, he says, result from exemptions from the scheme for public housing and high-rise residential…