3,596 building businesses went insolvent in Australia in 2025. That was before diesel hit $3 a litre. Before PVC went up 27%. Before the RBA raised rates to 4.10%. The industry’s peak body now forecasts an 11% drop in housing production this year. And Australia needs to build 1.2 million homes in the next five years. Something does not add up. And the people paying for it are renters. (Sources: ASIC via SBS News, UDIA, National Housing Accord) #ConstructionCrisis #HousingSupply #BuildingIndustry #AustralianHousing
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