Bank warns of $50,000 hit coming for new homes. Builders say it’s nothing like that much

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Source: The Age
Published: 2026-04-10 17:16 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Economy & Finance, War & Conflict
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Snippet:
The war in Iran could drive up the cost of constructing a new suburban home by 10 per cent or $50,000, with clear signs that building suppliers are already being forced to push up prices.
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