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Labor threatens Sydney councils as cost to build an apartment hits $1m
Construction costs keep rising faster than the price of apartments, making projects unfeasible for developers, so the state government wants barriers lowered.
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Labor threatens Sydney councils as cost to build an apartment hits $1m
Construction costs keep rising faster than the price of apartments, making projects unfeasible for developers, so the state government wants barriers lowered.
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There’s one reason we can’t build enough homes: Not enough tradies
The cost to build a Sydney mid-rise unit now tops $1 million, driven largely by high labour expenses and a nationwide deficit of skilled workers.