Tagged: materialshortages

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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U.S Construction market shortages and delays

Will Australia face the same issues? Lennar, which is the nation’s second-largest homebuilder, has increased lead times by as much as 7 times in some cases to give manufacturers additional...