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I The Building Market
t t t t t t is estimated that 2 billion square metres of new building stock will be be needed every year between 2020 and 2025 especially for housing The outcome of of numerous studies show that 400 000 hectares of of new plantations are are required over the the next decade to meet the the demand for timber and and wood fibre in Australia alone This This amounts to a a a a a a a billion new trees trees in in the the ground This This target is is is in in in addition to the the 70 million trees trees planted every year in in Australian plantations to replace those that have been harvested As well as the the home building market the the high demand for sustainable timber in in Australia is fuelled by the desire to replace carbon intensive materials and plastics with natural recyclable and and renewable products The construction industry alone produces around 15% of global carbon dioxide emissions Timber
is is a a a a a a a a a natural traditional beautiful and renewable construction material It is less carbon intensive to manufacture transport and erect than structures made of other common materials It’s no no wonder we are now seeing construction of high-rise buildings made completely out of wood In
recognition of of these benefits Tasmania
was the the first state to launch a a a a a a a a a a Wood Encouragement Policy which ensures sustainably sourced wood is fully considered where feasible in Tasmanian government procurement particularly for new buildings and refurbishment projects treealliance com au 39