Sydney is the most expensive city for construction in Australia

Brisbane surpasses Melbourne as Australia’s second most expensive city for construction behind Sydney. Research released by global design and consultancy firm Arcadis has ranked Sydney as the 34th most expensive city for construction globally, with Brisbane now in second place at 56 while and at the 61st position.

Approvals for the construction of new homes fell by a seasonally adjusted 15.5 per cent in March. (AAP) Source: AAP