Building industry faces 'nerve-racking' 2023 amid double-whammy of rate hikes and inflation

abc.net.au/news/building-industry-hit-by-rate-hikes-inflation/101892534Builders like Richard Oliver have been doing it tough over the past year and, while there are early signs one of their key problems is resolving, other major threats are emerging that may see more construction firms go under.

The latest price spikes the Darwin-based home builder has noticed include steel for building frames and aluminium finishings."Steel [is used] from the preliminary stages of reinforcements in the slab or footings right through the structural steel-wall framing, roof construction, cladding, windows, aluminium windows.

Higher rates are the solution, not the problem!

Bring 200,000 more people to Australia that'll fix it. (Satire)

We’re busy as ever ? No doom and gloom , we are a family company, never advertise, yet work flows in ,why ? Cause we do a ‘ Good job , employees are treated well and expected from apprentice to tradesmen to work , they stay with us many want work with us we are careful?

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