Price pressures build in building - and elsewhere

Michael Bleby, Liam Walsh, Simon Evans and Ben Potter

May 14, 2021 – 6.17pm

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Australia’s largest builders are preparing for price rises as the supply contracts that have kept them cushioned from surging costs come due for renewal.

Home-building, a key focus of the federal government’s efforts to stimulate the economy that is already rebounding from last year’s COVID-19 recession, is not the only sector facing inflation. Fruit and vegetables are already rising and consumer goods from bicycles to cars also set to surge.

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.

Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane.

Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide.

Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor.