Loans for the construction or purchase of new houses fell by 4.0% in July, highlighting the impact of the recent increases in the RBA’s cash rate, according to the Housing Industry Association. Source: Timberbiz The ABS released the Lending to Households and Businesses data for July 2
The Victorian Forest Products Association has launched its state election platform, Our future grows on trees. VFPA CEO Deb Kerr said today she was proud to present a program that will help the state meet its demand for timber and emission reduction targets. Source: Timberbiz The Stat
Jeld-Wen a global manufacturer of building products has announced that it has initiated a comprehensive review of strategic alternatives for its Australasia business. Source: Timberbiz The business is an Australian designer, manufacturer and distributor of windows and doors that emplo
Building new homes from timber could save about 10% of the world’s carbon budget which is needed to limit global warming to 2° according to a new study from the Potsdam Institute for Climate Impact Research. Source: Timberbiz The study, published in the Nature Communications journal,
Australia’s National Construction Code (NCC) 2022, which was initially slated for release in September, has been delayed and is now unlikely to be published until at least October. Here, FWPA provides an overview of what the forestry and wood products sector can expect. Source:
I always find the end of a long-wet winter a good time to reflect, refresh and get ready for the coming spring. So, 12-months into the role I took a look back, before taking a look forward. The Tasmanian Forestry Hub’s purpose has always been to provide information to assist the Commo
Tomorrow Responsible Wood will launch its Community Grants Program. This is program’s third year, following the successful 2020/21 and 2021/22 programs. Source: Timberbiz The aim of the program is to support local communities develop, design and implement small community-based project
The turmoil in the native forest industry is deepening, with Australian Paper turning to recycle more paper as its hardwood timber supply dwindles, while a sawmill in the state’s far east is due to close because it has no timber. Source: Latrobe Valley Express Recent developments have
Civic and business leaders in the lower South West of WA are calling for alternative funding programs for businesses affected by the upcoming timber ban. Source: The West Australian Forestry Minister Dave Kelly recently unveiled the latest round of funding for companies indirectly aff
New research commissioned by the Green Triangle Forest Industries Hub shows direct and indirect employment in South Australia’s forest and timber industries has increased to more than 21,000, up from 18,000 in 2016. Source: Timberbiz The research, prepared by ERC on the Economic Contr