Timber shortage 2021

Timber shortage 2021

Building a new home or renovating one presents problems
and timber shortage 2021 

Timber shortage 2021

Timber shortage 2021

Book Timber Supplies call To book: 0466987833
call us oztimber

 

 

 

But you need not worry because Oz timbers Pty Ltd is here to save you. At Oztimber Hardware in Melbourne’s southern suburbs, we are pleased to provide a wide range of timber products. We are always accessible to answer your questions and meet your needs since our Oztimber hardware store is open. Whether you’re installing new flooring or rebuilding your outside decking, we have everything you’ll need.  Budgeting, sticking to deadlines, and finding alternative housing – typically in the form of living with extended relatives – are not for the faint of heart. Those brave enough to embark on this path during a pandemic and a building boom have met a task that would test even the strongest of wills – namely, a scarcity of materials that has proven virtually disastrous for many houses. Following the introduction of federal government incentives, which resulted in a rise in the residential building industry, timber supplies were nearly depleted. Due to a lack of supply to match the spike in demand, timber prices have skyrocketed, prompting many builders to choose more expensive options like steel and brick.

The timber shortage in 2021  is not only affecting smaller housebuilders.

For some builders, the timber shortage has resulted in the failure of their enterprises, as they are forced to choose between paying exorbitant material prices and accepting delays and liquidated damages. Kate Henry and her husband Paul are no strangers to home renovations, having completed a number of them. It also helps that they both work in the construction industry, giving them access to trades and know-how that a beginner house renovator could only dream of, but this hasn’t kept their current makeover from being hampered.”It’s only that the materials aren’t available.” “You can tell when you drive through a Bunnings or Mitre 10 timber yard and it’s vacant,” Henry, who has spent a lot of time in hardware stores, says.”I’ve heard examples of larger builders returning contracts to clients because they can no longer build houses for the price they agreed on,” Henry says. She warns would-be renovators that “something has to give.” “It’s either your time, your choice of materials, or your money – or all three at the same time.” All you have to do is be well-prepared and willing to make concessions if your desired item isn’t accessible.”Victoria Wilson, a home builder, agrees, adding, “We’re having to compromise on concessions.”
The timber shortage 2021 has taken a toll on Victoria and her husband Glenn’s dream home in Mount Eliza, as well as their mental health. With three young children, housing concerns, and sick in-laws to look after, there is little time to concentrate. Wilson says, “The timber shortage has had such an impact on us that we’ve had to re-engineer our house.”She understands her builder’s frustrations and appreciates that he is doing everything he can to help them. “He’s had to sign to contracts with frame suppliers that materials would be delivered with a TBC delivery date and a TBC price because the wood yards have no idea when the next cargo will arrive or what the pricing will be.”Wilson’s budget has ballooned due to several unknowns. “We’re now $100,000 over budget, and there’s no clear end date in sight,” says the project manager.

Timber shortage 2021

Timber shortage 2021

Book Timber Supplies call To book: 0420407843
call us today oztimber pty melbourne

 One of our major concerns was the quality of the wood we used for our sundeck.

The cost of the wood we needed has risen dramatically. Then there are treated pine, which has gone from $2.20 per meter to $5.68 per meter… if you can find it.”
It has resulted in budget blowouts and/or program delays for homeowners in contracts where the builder has been more contractually astute. For some, it has meant having to sell a home that was just partially completed. It’s not just the smaller residential builders hurting from the timber shortage; it is also having a calamitous effect on larger, well-established contractors. This stress on Australia’s timber supply has highlighted the fact that there hasn’t been an increase in Australian softwood plantations for more than 20 years, while demand for this valuable commodity has continued to increase. Last year the Victorian Building Authority recorded the highest level of building permit approvals in the past two decades, issuing 10 percent more building permits in 2020 (113,430) than in 2019 (101,998).

One step, according to Denita Wawn, CEO of Master Builders Australia

“subsidizing the shipping of salvaged timber from bushfire-ravaged Kangaroo Island plantations to timber mills with urgent capacity in South Australia and other states is elegant in its practicality.”The government expects the construction industry to be a crucial driver of Australia’s economic recovery, but it’s a painfully blunt tool if essential materials aren’t available. In late September, the federal government announced a $15 million investment to alleviate the acute timber shortages and “safeguard the viability of builder and tradie businesses around the country”.
“Band-Aid remedies are met with skepticism. Okay, OK, throw $15 million at Kangaroo Island to speed up timber extraction, but that pine plantation is most likely using a farming approach that involves planting, growing, and stripping… So, what’s the plan for the future if you take all of the stuff out now?

“It’s not a long-term solution.”

What do you think will happen in the next ten years?”Although the government investment is a great relief for many, Henry and others in the sector believe the supply outlook isn’t improving any time soon. According to the Australian Forest Products Association, Australia will be 250,000 house frames short by 2035. “A timber output shortage similar to the combined size of Geelong and Newcastle,” as they put it.

OZ TIMBERS

Oz timbers is a company providing quality timbers at affordable prices. We are proud to say we deal with all kinds of timber and provide timber all over Australia. Oz timbers make sure there is no timber shortage 2021 because when you buy timber from Oztimber, it rests assured that you’re getting the best possible product at the best possible price. Please contact us if you need high-quality timber delivered or picked up in Melbourne.