The Commonwealth Bank has become the first major bank to make financing easier for prefabricated houses. The bank has agreed to sponsor the...
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Australia’s housing supply has fallen short of demand for over two decades, making affordability, accessibility, and construction timelines a real challenge. To provide insights into these challenges and help drive solutions, Forest & Wood Products Australia has undertaken the most comprehensive report into the housing crisis to date. Source: Timberbiz To launch the ‘More Houses Sooner’ report, FWPA is hosting an exclusive event on Wednesday 26 February at the State Library in Victoria, offering valuable insights for industry professionals, policymakers, and stakeholders seeking to understand and address Australia’s housing needs. The More Houses Sooner report takes a deep dive into Australia’s housing shortfall. Between 2001 and 2023, the country fell behind demand by around 470,000 dwellings, an average of 20,400 homes per year. Looking ahead, Australia will need 2.01 million new homes by 2034, or up to 2.48 million if factoring in the existing shortfall. Meeting this demand will require new ideas and a faster approach to construction. This event will highlight how the forest and wood products industry is stepping up to the challenge and how different sectors can collaborate to build a more sustainable and efficient housing market. Attendees will gain exclusive insights from industry experts, explore key data, and discuss innovative strategies for speeding up housing delivery. Speakers will include: Erick Hansnata – Lead Economist and Statistics and Economics Program Manager, FWPA Nerida Conisbee – Chief Economist, Ray White Panel Discussion: Kersten Gentle – CEO, Frame & Truss Manufacturers Association (FTMA) Tim Newman – General Manager, Timber Building Systems Australia Tim Woods – Managing Director, Industry Edge. This event is a must-attend for FWPA members, industry professionals, economists, and policymakers looking to engage with the latest research and practical solutions for Australia’s housing future. This is a free event, but places are limited. Register now at https://www.eventbrite.com.au/e/more-houses-sooner-tickets-1218741952989 to get exclusive access to the More Houses Sooner report and expert discussions on shaping a more sustainable and affordable housing market in Australia. The event will be held on Wednesday 26 February from 10 am – 1 pm at the Isabella Fraser Room, State Library of Victoria, 328 Swanston St, Melbourne.
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