Housing construction costs are already rising, increasing risks of builders going bust
- Written by Lyndall Bryant, Senior lecturer, QUT Centre for Justice, School of Econmics and Finance, Queensland University of Technology
For Australia’s building industry, higher fuel costs since the start of the Middle East war have been just the start of the pain.
Countless construction products are made with petroleum-based products. From bitumen for our roads to plastic pipes, prices are rising, with some supplies already facing delays.
This shock hits an industry still...
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