- July 12, 2011
- Posted by: admin
- Category: Finance News
THE average cost of building a home is set to rise by $5000 as the carbon tax pushes the price of construction materials higher.
For anyone wanting to make their homes more energy-efficient there is an extra sting, with insulation and double glazing forecast to feel the full brunt of the tax.
The Master Builders Association expects at least $5000 to be added to the cost of building the average residential home, currently about $300,000.
Aluminium windows to structural steel to Colorbond roofs — will rise by between 2 and 4 per cent.
Mineral-based products such as concrete and bricks will jump 3 per cent on average, and timber will rise by 1.5 per cent & insulation is also expected to rise .