Australia could soon be home to two of the world’s tallest timber towers as the appetite for carbon-negative buildings grows, despite 25 per cent timber cost escalations.

Australia has just eight of the world’s 139 timber towers—but there are some ambitious projects in the works. 

Research from the Council on Tall Buildings and Urban Habitat shows there are 66 timber towers higher than eight storeys completed globally with a further 73 either proposed or under construction.