Australia s largest home builder Metricon is holding crises talks with major clients amid soaring prices for timber, steel and other materials as it reels from the death of its founder.
Oracle Homes, one of Queensland s largest building companies, have asked a slew of their customers to pay an extra $40,000 to $122,000 to completer their homes due to cost and supply issues.
Australia s construction industry is suffering amid price increases and staff shortages. Two Perth construction firms recently went under in just the past week.
Budding Perth homeowners are increasingly stuck between escalating costs they cannot afford and a price to terminate the contract that is equally devastating.
Budding Perth homeowners are increasingly stuck between escalating costs they cannot afford and a price to terminate the contract that is equally devastating.