The nation’s biggest property developers have warned new levies on Chinese imports will jeopardise projects and increase apartment prices by $10,000.
Apartment developers have warned that the federal government’s proposed tariffs on Chinese aluminium windows and doors will make housing projects unfeasible, with one estimating that it will add almost $10,000 to the cost of each unit it builds.
The Australian Trade Remedies Commission is already requiring importers to pay securities on the aluminium products if they entered the country on or after October 15.
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