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Brisbane’s nation-leading construction inflation an Olympic hurdle

Michael Bleby
Michael BlebyDeputy property editor

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Brisbane’s country-leading construction cost inflation will pressure the new Coalition state government as it tackles hospitals-heavy spending and draws up new plans for infrastructure to host the 2032 Olympic Games, new figures from RLB show.

Newly sworn-in LNP Premier David Crisafulli has not only inherited the previous Labor government’s $11.2 billion, six-year program to deliver three new hospitals, 11 major hospital expansions and seven satellite hospitals but also the fastest-growing construction costs, according to the consultancy’s latest forecasts.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/brisbane-s-nation-leading-construction-inflation-an-olympic-hurdle-20241028-p5km0t