In short:
Suppliers of building materials are increasingly charging “emergency fuel levies” to account for soaring fuel prices due to the war in the Middle East.
The residential building industry says the supply chain disruptions, including shortages and price spikes, are getting worse.
What’s next?
The Master Builders Association says many builders with fixed-price contracts will have to absorb extra costs for now but a supply-chain shock is looming.
As home building costs soar, we can only imagine how construction costs for an already unaffordable stadium in Hobart will skyrocket. Time to pull up stumps on this vanity project, Mr Rockliff. Let’s have more police, teachers and nurses instead #nonewstadium @kristiejohnstonmp.bsky.social
— Roland Browne (@slowguns.bsky.social) March 23, 2026 at 7:00 AM
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