The present work investigates the wave propagation in collisional dusty plasmas in the presence of electric and magnetic field. It is shown that the dust ion-acoustic waves may become unstable to the reactive instability whereas dust-acoustic waves may suffer from both reactive and dissipative instabilities. If the wave phase speed is smaller than the plasma drift speed, the instability is of reactive type whereas in the opposite case, the instability becomes dissipative in nature. Plasma in the vicinity of dust may also become unstable to reactive instability with the instability sensitive to the dust material: dielectric dust may considerably quench this instability. This has implications for the dust charging and the use of dust as a probe in the plasma sheath.