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Latest timber industry news, updated on Monday, Wednesday and Friday.

New Forests to double Asian forestry investment with $164M

New Forests, a global investment manager of nature-based real assets and natural capital strategies, announced the first close of its Tropical Asia Forest Fund 2 (TAFF2) with US$120 (A$164M) million of capital commitments. Source: Timberbiz Investors in the first close include soverei
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Radiata pine may be excluded from ETS scheme in NZ

A new proposal to manage carbon farming could see future permanent plantings of exotic forests like radiata pine excluded from the Emissions Trading Scheme (ETS). New Zealand Forestry Minister Stuart Nash and Climate Change Minister James Shaw have released a public discussion documen
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HVP relocates koalas to SA to strengthen genetics

HVP Plantations has played an important role in strengthening the genetics of Australia’s koalas, working with leading conservation bodies and the Victorian and South Australian Governments to relocate four male Strzelecki koalas to a South Australian-based koala breeding progra
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Planned succession to fresh leaders for Forestry Australia

Forestry Australia has paid tribute to outgoing Vice President Dr Kevin Harding, who has announced his retirement from the Board as part of an ordered and planned transition to encourage fresh leaders to continue to grow the sector’s future. Source: Timberbiz Dr Lachie McCaw was elect
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Tasmania gets new Forest Safety Code

Tasmania’s sustainable forestry industry has updated its contemporary safety measures to help protect and improve the safety of those working within the sector. The updated Forest Safety Code (Tasmania) 2021 will enhance the safety of the many Tasmanians working in forestry, and impor
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SA Government gives SA Pine funds to process KI timber

The South Australian Government is giving SA Pine $1.36 million to process timber, some of which will come from Kangaroo Island. Source: The Islander Minister for Primary Industries and Regional Development, David Basham said the $1.36 million state government grant will help SA Pine
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Growing the Victorian plantation estate with Gelliondale nursery

The Victorian Forest Products Association has congratulated Hancock Victorian Plantations (HVP) on the completion of its state-of-the-art Gelliondale nursery in Gippsland, capable of producing up to 14 million seedlings a year. Source: Timberbiz The Victorian Forestry Plan supported t
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Opinion: Ron Wilson – Expanding the Australian plantation estate

For at least the last 10 years very little has been done by Australian or State Governments or industry, to expand Australian timber plantations. The 2019/20 major fires and demand for agricultural land has seen the plantation estate decrease over this period. Demand to expand the pla
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Friday analysis: Election wish lists for forestry from logical to pipe dreams

The Federal Election can’t be that far away. It seems the only thing left is to decide the date. All we know is that it will be after the Federal Budget is handed down on March 29. While the election campaign proper is yet to be announced, the wish lists are starting to pile up. The A
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