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Housing construction costs are out of control

April 16, 2024 - 00:05 -- Admin

CBA published the following chart last week, showing that Australian residential construction costs have soared by between 30% and 40% since the beginning of the pandemic: Independent economist Tarric Brooker posted the following chart on Twitter (X) showing the average construction cost of new homes across Australia: The average construction cost across Australia was 395,000

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