Tom Panos blames tradies demanding $900/day and hesitant developers for Australia’s housing crisis, citing 40-50% higher building costs and delays as key barriers in a market locking out buyers.
Tag: construction costs
The future of the Great Sea Interconnector, an undersea electricity cable linking Greece, Cyprus, and Israel, will be decided next month. Cyprus’ Energy Minister, George Papanastasiou, announced that a ruling on whether Cypriot consumers will cover the construction costs is expected in August. The 1.9-billion-euro project, partly financed by the EU, aims to reduce energy isolation and lower prices through increased renewable energy.