SMH ·general ·6 hours ago

Construction costs soar in Brisbane as the bowser bites, builders say

Construction costs in Brisbane surged by $10,000 to $20,000 since late February, hampering builders and threatening the housing market. Andrew Williams of GW Homes warned that inflation could rise to 2 percent due to escalating material prices driven by fuel costs. The state government may intervene to support builders facing financial pressures amid rising construction costs.

Summary by Glance · SMH

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