Queensland’s upcoming state election, the effects of inflation and interest rates on home buyers and builders, land shortages and unpredictable weather made it impossible to forecast earnings guidance for the 2025 financial year, home builder Tamawood said.

ASX-listed Tamawood, which builds under the Dixon Homes brand in the state, warned of the uncertainties even as it said FY24 pre-tax profit nearly tripled to $8 million and it expected to pay a final dividend in December, returning to the practice of two dividend payments per year.