Hardware giant Bunnings has reaffirmed its boycott of VicForests timber despite the Federal Court ruling that VicForests had not broken Commonwealth environmental laws. Bunnings announced in June last year it would stop selling timber logged by VicForests after a court found the state
Global investment manager Hines will begin construction of a speculative $200 million timber office tower in Collingwood in the second half of the year, confident it can secure tenants seeking more affordable premises in a new building designed for the post-COVID-19 age. Source: Finan
Australian hardware chain Bunnings expects elevated timber prices to squeeze its margins for up to another year as a boom in home improvement and construction drives a surge in demand. Sources: Reuters, Timberbiz, News “We think about timber (and) we’ve probably got another six to 12
A “white knight” solution by the South Australian Primary Industries Minister to address the State’s chronic timber crisis demonstrates his total lack of understanding of the crisis gripping the state $16 billion building and construction industry, according to SA-Best. Source: Timber
An emergency summit at South Australian Parliament has been told Australia’s timber shortage is not just hurting builders but is having a “big domino effect” on trades dependent on the construction industry. Source: Timberbiz, ABC The summit on Wednesday organised by
This week’s summit in Adelaide on the dire situation the building industry finds itself in has highlighted how bad the crisis really is. John Bowen from Bowen Timber in Melbourne has already said he doesn’t know “when this craziness will end”. GCJ Constructions project manager Nathan
Information Technology is playing an important role in evolving FSC’s toolset to protect its reputation and credibility, strengthen assurance, and to combat fraudulent trade claims. Source: Timberbiz FSC has now expanded its capabilities to detect and respond to risks to include more
The University of Tasmania has partnered with industry to develop Australia’s first professional course specialising in timber design and construction to help meet this demand. The Master of Professional Engineering (Timber Design) is offered for study from Semester 2, July 2021. Sour
China is the major buyer of wood from Pacific nations like PNG and Solomon Islands, which are implicated in illegal or unsustainable logging. An illegally logged tree, felled in the diminishing forests of Papua New Guinea, may well end up becoming floorboards in a Sydney living room,
Detached building approvals reached a record level for the third consecutive month in April. The Australian Bureau of Statistics yesterday released its monthly building approvals data for detached and multi-units data covering all states and territories. Source: Timberbiz “There is an