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Building costs have soared. Is it time to abandon my home renovation plans?

  • Written by Di Johnson, Lecturer in Finance, Griffith University
Building costs have soared. Is it time to abandon my home renovation plans?Image by Michal Jarmoluk from Pixabay, CC BY

Australia’s appetite for home renovations remains strong, with around A$1 billion worth of alterations and additions to homes approved in July.

But rising interest rates and shortages in labour and material may have some would-be renovators wondering: is this still a good idea?

Here are five...

Read more: Building costs have soared. Is it time to abandon my home renovation plans?

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