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Why does it cost so much to build in Australia? Plus Budget risks for housing

2.4K views· 33 likes· 52:13· May 9, 2026

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Why does it cost so much to build in Australia right now? In this 2 Sense episode of the Australian Property Podcast, Pete Wargent and Chris Bates unpack the fresh construction squeeze hitting housing just as Budget speculation ramps up. They explain why higher diesel, concrete, pipes, plumbing products and financing costs matter so much, and why rising build costs can choke off the new supply Australia badly needs. They also dig into the policy side: possible capital gains tax and negative gearing changes, softer conditions in Sydney and Melbourne, mortgage-stress signals, stronger rental yields, and what buyers, sellers and investors should be thinking about from here. The episode wraps with listener questions on selling an investment property to buy ETFs, and how many properties really make sense in a long-term retirement strategy. Episode resources - Ask a question (select the Property podcast): https://bit.ly/R-quest Rask Resources - Pete's Buyers Agency: https://allenwargent.com.au - Alcove mortgage broking: https://raskmedia.com.au/services/mortgage-broking - Amy Lunardi Buyers Agency (Melbourne) https://amylunardi.com.au - All services: https://bit.ly/R-services - Financial Planning: https://bit.ly/R-plan - Invest with us: https://bit.ly/R-invest - Access Show Notes: https://bit.ly/R-notes - Ask a question: https://bit.ly/R-quest - We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: - Instagram: https://www.instagram.com/rask.invest - TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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