The Mirvac Group is selling one of the last of its legacy funds management assets – more than 20,000 hectares of forestry land held by Australian Sustainable Forestry Investors. Source: The Land
Brisbane hardware store Bretts Timber & Hardware (Bretts) has joined forces with the Home Timber & Hardware (Home) group, as the family-run business looks to reinvest and grow its operations by aligning to a national buying group. Source: Inside Retail
A senate inquiry into a bungled $45 million forestry contractors exit program heard Forestry Tasmania had mistakenly backed some contractors' eligibility for compensation. Source: The Mercury
The union for wood and forestry workers is backing calls for an inquiry into forestry safety as New Zealand MPs Darien Fenton and Denise Roche tabled a petition in parliament calling for the government to conduct an inquiry into health and safety in the forest industry. Source: Scoop
The managing director of Australian hardwood flooring manufacturer Australian Solar Timbers (AST) aid the country's carbon tax introduced in July 2012 has contributed to the company's decision to reduce the workforce by a further 30%. Source: The Macleay Argus
The Bioenegy Association of New Zealand is holding a conference next week entitled Unlocking additional revenue from traditional rural land use – integrating forestry, biomass crops and bioenergy products. Source: Timberbiz
The US Department of Commerce has issued preliminary antidumping duty rates ranging from 22.14% to 63.96% in its ongoing investigation of Chinese-made hardwood plywood. Source: Furniture Today
Te Karaka’s Bob Wishart and Meg Gaddum have won another major award that further recognises their farming and foresting efforts over 33 years. Source: Gisborne Herald