House building crisis: Government could limit timber exports to ensure local supply - News Summed Up

House building crisis: Government could limit timber exports to ensure local supply


Building and Construction Minister Poto Williams is considering limiting timber exports to ensure there is enough in the country. Photo / Jason OxenhamBuilding and Construction Minister Poto Williams is considering limiting timber exports to ensure there is enough in the country. The issue has become so significant, Building and Construction Minister Poto Williams is considering limiting timber exports to ensure there is enough in the country. This comes as the cost of building materials continues to rise, pushing up house prices. At the time, the building materials company was forced to scale down the sale of its timber stocks, citing supply issues.


Source: New Zealand Herald August 03, 2021 17:02 UTC



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