This is the second of two discussions about how I see the challenges that lay ahead in the global construction market for the Australian timber industry. These were written exclusively for Forest Wood Products Australia. This article offers ideas that the Australian and New Zealand wood industry may consider for a more prosperous future. I am a big proponent for increasing the use of timber building products in modern construction.
As prices tumble and job cuts mount, the turmoil which has engulfed the steel industry in Australia is plain for all to see. Overall volumes of steel produced have fallen from 7.3 million tonnes in 2010 to 4.9 million in 2015 according to the World Steel Association (world-steel). This puts Australia at 29th position and gives the country an implied world market share of just 0.3 per cent. Though it
The Australian construction industry is abuzz with new construction enterprises putting their hand up as examples of modern construction, and many of them fit the bill. The challenge for most is to determine what problem are they solving and how will the industry’s customers get a better deal. Many of these businesses are at a point where they need fresh capital to grow. The obvious question then becomes: is this