EPISODE IN BRIEF
In today’s “Upper-Limits Online Mastermind Presentation” Nick Psaila introduces special guest, GM of Australian Timber Importers Federation (ATIF), John Halkett…
John’s passionate support of Australia’s timber industry is evident in his succinct breakdown of the business interests of timber and wood-based products pre and during the Covid years.
Improving domestic market access to the timber Australia desperately needs is an enormous challenge in light of supply chain delays and rising costs.
And no one knows more about it than John Halkett – who shares his industry insights with Nick Psaila in another absorbing Mastermind Presentation…
Time Code/Show Notes
0.27 Nick welcomes you to another special online Mastermind webinar. Take notes, ask questions and be present. Are you ready?
2.35 Post 2020, building and construction has continued to be strong. However, John foresees the issue of supply will be a major constraint for the next 12-18 months.
Prices have skyrocketed – in many cases by 50% – which is lining the pockets of the logistics and supply chain. A $1300 shipping container from the US is now $5000…
4.15 John talks about shortages in the building supply space, congestion with ports, and shipping and believes solutions are a long way off.
Sadly, the rest of the world considers Australia a challenging market. The industry is looking at the supply of Russian wood and its compliance.
12.20 How do you navigate supply shortages in your industry? Are you careful about how you forward-quote, given the price of materials/services can increase overnight?
Can you secure your supply lines? Be careful if you’re used to haggling – your supplier will get his price elsewhere.
16.30 How can the building sector re-invent itself over the coming years?
21.30 Nick asks why Australia can’t sustain itself with timber growth and John’s insights are thorough including observations on the political landscape.
22.42 Is it possible to put a price on carbon?
Can we get more state and national support for new plantations? John firmly believes we need another half million hectares of softwood plantations established in Australia, stat!
24.40 Recent catastrophic bushfires incinerated plantation resources – approximately 40% of forest was impacted and investors are now running scared – yet another hurdle to consider.
25.35 Valuable Q&A and feedback;
How much would it cost to implement the planting of a half-million hectares?
John breaks it down with insights into selling carbon as an offset and enhancing Forestry as an investment.
EPISODE SUMMARY
Coaching Conversations Mastermind Presentations open up terrific dialogue with experts who talk from decades of experience about the challenges faced by their industry.
John’s eye-opening, knowledgeable discourse reminds us just how fragile the building and construction game is when supply is threatened.
His recommendations are thoughtful and intelligent; John does not shy away from the solutions, though many are needed and must ultimately harness the support of the government to be successful.