Live Breaking News & Updates on Jon Kleinschmidt|Page 2

Business
by Lachlan Leeming and Kaitlyn Hudson-O‘Farrell
17th Feb 2021 6:28 AM
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The state s housing construction industry is on the brink of disaster, with the twin strains of the Black Summer bushfires and soaring international demand for quality pine predicted to cause a major shortfall in timber used for house frames.
Industry bodies fear the state s supply of softwood pine could be exhausted as early as April - triggering rocketing construction costs and thousands of job losses.
Hyne Timber CEO Jon Kleinschmidt is now appealing for timber that would usually be exported to China to be freighted from interstate to NSW for processing, but said transportation costs meant the move wasn t viable without government subsidies. ....

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