Why the war in Ukraine will see the cost of building a new home rise

Builder Sonny Fulton has had a tough 18 months.Despite being in the middle of a building boom and working harder than ever before, his Rockhampton business is losing money.”This is a profitless boom,” he said.The cost of building a new home rose by 20 per cent in 2021 due to material shortages, disrupted supply chains and…