'Queensland's $9.7bn hospital build program is now expected to cost up to $23bn and face delays beyond 2028, prompting a government-commissioned review.'
'The new Bankstown Hospital in southwest Sydney will have an additional $700 million pumped into the facility in response to rising construction costs. The new hospital, which has already cost $1.3 billion will blowout to $2 billion, with additional funds to be allocated in this month's budget'
Hospital building costs blowing out in both QLD & NSW, replacement costs exceed valuations.
HCW Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
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