Tagged: buildingcosts

RESERVE BANK RATE RISES DRIVING DOWN CONSTRUCTION

Construction across the country in housing, apartments and commercial—all fell in June, with industry blaming ongoing interest rate rises, labour shortages and supply chain issues. The Australian Performance of Construction...

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Construction Costs Surge at Fastest Rate in 20 Years

Residential construction cost increases are on the way to outpacing property price rises as Australia records the biggest cost increase since the introduction of the GST. The runaway housing market...