WoodTECH News | Issue 63

In WT Issue Summary by FIEALeave a Comment

Welcome to the latest issue of WoodTECH.News.

One of the biggest issues facing New Zealand and Australia is housing affordability and supply. The Albanese Government has just announced an AU$10 billion housing fund, which joins promised investments from state governments. With New Zealand’s General Election only one week away, Labour, National and others also have plans for increased housing.

Building tens of thousands of new homes will not happen overnight, especially considering the current issues within the construction sector. But we know that the timber industry needs to be a key player.

With this in mind, major news this month comes from the announced expansion of Bunnings. Frame and truss prefabricated building components will be an integral part of this expansion and help support the growing demand for this market.

On the technology front, XFrame has won a 2023 KiwiNet Award for the commercialisation of its sustainable framing innovations. In addition, Adam Jones, founder of CLT Toolbox, has been awarded the Engineers Australia Emerging Professional of the Year Award.

Stories this issue:

So, sit back, grab a drink, and join us as we delve into the latest news and developments in the world of wood processing and manufacturing.

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