Rising costs and labour shortages hit construction projects

14 March 2022

Global supply disruptions and local skills shortages are forcing up costs in Australia and New Zealand’s construction supply chains, according to a report.

Turner & Townsend’s latest Australia and New Zealand market insight report said in 2021 construction costs for non-residential projects increased by 8% in New South Wales, 8.8% in Queensland, and 14.2% in Western Australia because of supply chain constraints.

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