The shortage of labour also compounds the building completion. Builders are absorbing the cost in existing contracts.
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Building boom: The reasons why Australians are spending up big on building
Aerial view of construction work and housing in Western Sydney on November 13, 2017 in Sydney, Australia. Source: Photo by Steve Christo/Corbis via Getty Images
Australia is experiencing a residential building boom. But demand for construction materials is outstripping supply, leaving consumers with longer and more expensive waits to get building done.
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