Queensland builders warn of delays amid supply shortages

Queensland builders are warning they are no longer able to keep up with demand due to ongoing shortages of key building materials. Construction on homes are being delayed as a result as crews wait for materials. The state reported the number of new dwellings was up 61 per cent annually, about triple the national rate of increase. Timber prices have soared as the shortage is felt world-wide – with prices rising more than 200 per cent in the United States since the beginning of the pandemic. Low interest rates, government incentives and interstate migration have helped drive the state’s building boom. Via news.com.au — Australia’s leading news site https://www.news.com.au