Will Rising Oil Prices Push Up Building Costs for Australian Property Investors?
PVC pipe prices are already rising, fuel levies are spreading through the supply chain, and investors need to know what this means for project feasibility, builder contracts, and returns. TL;DR Oil-linked supply shocks are already lifting construction costs in Australia. PVC-related products have reportedly risen by more than 30%, with some Reece-linked pipe products flagged at up to 36%. Fuel levies are also flowing into concrete and other materials.
Read More »