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

Page: https://stenobird.com/podcast/australian-property-podcast-6090037/why-does-it-cost-so-much-to-build-in-australia-plus-budget-risks-for-housing
Text version: https://stenobird.com/podcast/australian-property-podcast-6090037/why-does-it-cost-so-much-to-build-in-australia-plus-budget-risks-for-housing.md
Podcast: [Australian Property Podcast](https://stenobird.com/podcast/australian-property-podcast-6090037)
Published: 2026-05-09T21:00:00+00:00
Episode link: https://www.raskmedia.com.au/podcasts/australian-property-podcast/
Audio file: https://traffic.megaphone.fm/RRKKR4450848979.mp3?updated=1778220981
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Duration seconds: 3303

## Resource

Why does it cost so much to build in Australia right now? In this week’s 2 Sense episode of the Australian Property Podcast, Pete Wargent and Chris Bates unpack a fresh construction squeeze just as the housing market heads into a Budget week that could reshape investor behaviour. They break down the build-cost blowout, including the sharp rise in the cost of delivering a dwelling since 2019, and explain why higher diesel, concrete, piping, plumbing supplies and financing costs all matter. If feasible projects become marginal and marginal projects become unfeasible, the supply response Australia desperately needs gets pushed even further out. The conversation then shifts to policy risk. Pete and Chris explore reported changes to capital gains tax and negative gearing, softer conditions in Sydney and Melbourne, stronger rental yields, and what tighter supply could mean for buyers, investors and rents. The episode also answers listener questions on selling an investment property to buy ETFs, and how to balance property with shares for long-term retirement goals. It’s a practical, timely listen for anyone trying to read the next phase of the housing market. Episode resources Ask a question (select the Property podcast) Rask Resources Pete's Buyers Agency Alcove mortgage broking Amy Lunardi Buyers Agency (Melbourne) All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @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…

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