As the apartment building boom continues, upward pressure on construction tender prices in Australia is continuing as bottlenecks continue to emerge in some trades.

In a new report, quantity surveying outfit WT Partnerships said average tender prices across the civil, commercial and multi-residential construction sectors are likely to increase by 3.6 per cent in 2015 and subsequently by 3.8 per cent during each of 2016 and 2017. In addition to ‘more selective tendering’ on…