Jarrod Reedie
Despite a massive increase in housing construction demand and decreased supplies on the market, Queensland’s timber industry has been able to withstand these issues, through the implementation of new technologies and expanding businesses, in an attempt to maximise timber volumes for the market.
Described as a perfect storm, the supply issues being experienced by builders with many materials and trades is coupled with a surge in demand from the Homebuilder program, low interest rates and a rise in interstate migration.
The ‘storm’ has created a raft of issues for various industries, but as Timber Queensland CEO Mick Stephens says, the sunshine state’s timber suppliers are well prepared.
Business by MICHAEL WRAY
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Subscriber only QUEENSLAND S $3.6bn timber industry is feeling the bite of Chinese trade sanctions with workers stood down and contractors racking up losses in the tens of millions of dollars. China is virtually the only customer for Queensland log exports, gobbling up about 95 per cent of the trade, valued at close to $130m. China has banned log exports from four states including Queensland in a $130m blow for the Sunshine State timber industry. Peak body Timber Queensland has been tracking the pain cascading through the industry since Chinese officials announced in November they had found many cases of live pests in Queensland logs that would gravely endanger the country s forestry production and ecological security.
Business by MICHAEL WRAY
Premium Content
Subscriber only QUEENSLAND S $3.6bn timber industry is feeling the bite of Chinese trade sanctions with workers stood down and contractors racking up losses in the tens of millions of dollars. China is virtually the only customer for Queensland log exports, gobbling up about 95 per cent of the trade, valued at close to $130m. China has banned log exports from four states including Queensland in a $130m blow for the Sunshine State timber industry. Peak body Timber Queensland has been tracking the pain cascading through the industry since Chinese officials announced in November they had found many cases of live pests in Queensland logs that would gravely endanger the country s forestry production and ecological security.