Australian building material manufacturer James Hardie will have to honor the compensatory agreements that it made with its victims according to a government officials. Labor’s Greg Combet has said that the company cannot be allowed to shirk its responsibilities when it comes to compensating those affected by its products.
Many asbestos claims have been made as a result of the company’s products, and Combet said that the company must provide the funds to compensation these people despite the financial problems that have come about as a result of the credit crunch.
He added that he wanted to ensure that there was never another opportunity for a company to avoid its responsibilities to those that have been affected by the products that the companies have been selling and making a profit from.
The minister stated: “Asbestos has shaped many people’s lives in our country. It has touched everyone in one way or another whether it is through the working environment that people have worked in, the houses that they live in – fibro, asbestos cement houses – or the health impacts from the exposure to asbestos one way or another.”