cost of building is going up because of the following
1. 600,000 immigration was let in by the federal and state governments this year without any plans to create more accommodation for these people. This is a failure for all the current governments in Australia.
2. the energy transition of building all the solar and wind farm which increases demand of construction and pushes up building cost.
3. excessive wages increase due to power given to union by the federal government . Excessive wage rises increases inflation and cost of living for all Australians. Which is a point Chalmer still do not understand and keep fighting the RBA on.
4. excessive spending by the government pushing up inflation.
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cost of building is going up because of the following 1. 600,000...
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