Australia is home to over 350 termite species, which are estimated by the CSIRO to cause more damage than fire and storms combined. Yet home insurance in Australia doesn’t cover termite damage. This is especially important if you live in Tropical Queensland, as the risk of termite damage is even greater. T2 Red is the leading brand of termite resistant framing for north of the Tropic of Capricorn (Rockhampton, Queensland).