‘We’re stuck’: Timber tariffs to add to building industry chaos, delays

  • 📰 theage
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The building industry will have its main source of a special timber dry up after October, adding to already long delays for builders and consumers. | By Jackson Graham and Stephen Brook construction

The invasion of Ukraine has led international forestry groups to deem timber from Russia and Belarus “conflict timber”.

Kate Saha with daughter Armahni on the slab of their delayed new home in the Austin Lara estate, north of Geelong.The invasion of Ukraine has led international forestry groups to deem timber from Russia and Belarus “conflict timber”. Australia will place tariffs of 35 per cent on timber from the two nations after October, which allows some leeway for timber already in transit.

“That hasn’t hit us yet,” Frame and Truss Manufacturers Association executive officer Kersten Gentle said. “There is timber still being delivered overseas that was ordered before.”Tim Woods, of IndustryEdge, wrote in a report for the association that local softwood plantations would need to increase in size by 50 per cent to meet local demand by 2050.. “The softwood plantation estate that supplies the wood has not grown in any meaningful way over the past three decades.

“It’s incredible outside of periods of direct stimulus,” he said, anticipating that demand could stay elevated for 18 months. “We’re having the single biggest detached-home building boom on record.”After years of planning delays, home ownership felt within reach for Kate Saha six months ago, as the foundations were set at her block in the Austin Lara estate, north of Geelong. However, a shortage of joists means the slab remains bare.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We can use steel to build houses or hemp. Australia has heaps of iron ore. Keep our trees for our wildlife.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why this woman is ready to blow up the building industryConstruction boss Alison Mirams wants to encourage more women into the sector. But to do that, she’s putting a lot of noses out of joint. You go for it Alison. To hell with those whose noses may be put out of joint
Source: FinancialReview - 🏆 2. / 90 Read more »