Housing developments get reprieve as soaring costs hamper building
The NSW government says it would allow stalled projects it deemed to be significant to go ahead, even if they missed a 12-month deadline for construction.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
The NSW government says it would allow stalled projects it deemed to be significant to go ahead, even if they missed a 12-month deadline for construction.
The government has extended its review after industry submissions revealed the devastating impact of soaring premiums on the construction sector.
The Harvey Norman founder and a Brisbane Broncos great are backers of a $570 million plan to build the Pacific nation’s first cement plant.