Construction Prices on the Rise, Rider Levett Bucknall Report Reveals

New data from Rider Levett Bucknall shows that Australia’s infrastructure boom is exerting significant pressure on the price of materials and services. The International Report on Construction Market Intelligence, released quarterly, reveals that the boom in Victoria’s government-backed infrastructure activity is directly influencing the prices of trades such as concrete, steel and piling/excavation. RLB forecasts cost growth in Melbourne to…