Australasia's home for timber news and information

Apple launches Restore Fund for investors in forestry

19 April 2021
  Apple announced a first-of-its-kind carbon removal initiative, called the Restore Fund, that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors. Source: Timberbiz Launched with Conservation Internati
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Plantation forestry is good for environmental health

19 April 2021
A New Zealand government environmental report is a clear indication that trees are good for soil and water health, according to the Forest Owners Association. Source: Timberbiz The Ministry for the Environment’s latest environmental report scores exotic forestry highly for its low imp
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WA FPC community grants

19 April 2021
West Australian Forestry Minister Dave Kelly announced that the Forest Products Commission’s Community Support Program had opened applications for 2021 funding. The program has delivered $90,000 in grants to 55 community organisations since starting in 2018. Source: Timberbiz Th
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Roger Davis: 50 years at Jubilee Mill sees a lot of changes

19 April 2021
Roger Davis started working at the Jubilee Sawmill site in 1971. This year, after a long and dedicated career, Roger will transition into a well-earned retirement. He shared a little bit of his story… Source: Roger Davis, Jubilee Mill Kilns Manager I started at the mill as a timber st
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NZ High Court fines investors $1.3m for breach in buying forests

19 April 2021
The High Court in Auckland has ordered overseas investors to pay penalties totalling NZ$1.38 million and legal costs for breaching the Overseas Investment Act. The significant penalty follows a family purchasing five forestry blocks totalling 3600 hectares for $12.8 million. Source: T
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First mass-timber fire station in Australia

19 April 2021
A contract to deliver Maryborough’s new $12.1 million fire and emergency services station has been awarded to timber manufacturer Hyne Timber and building firm Hutchinson Builders. This will be the first mass-timber fire station in Australia. Source: Timberbiz The project will d
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Woolworths rolls out locally made paper carry bags to more states

19 April 2021
Woolworths is now offering its customers in Victoria, Tasmania and Western Australia a locally made paper carry bag as it progressively onshores manufacturing in support of local industry and jobs. Source: Timberbiz Woolworths has partnered with family-owned Australian manufacturer De
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Comments open for Australian Standard for Chain of Custody forest and tree product

19 April 2021
Public comment is being sought on a revised draft for the Australian Standard for Chain of Custody for Forest and Tree based Products – AS 4707. Source: Timberbiz The Australian Standard, along with the Australian Standard for Sustainable Forest Management (AS 4708) was developed by R
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Extended HomeBuilder good news for builders and timber merchants

19 April 2021
The weekend announcement that the HomeBuilder commencement time will be extended to 18 months has been greeted as welcome news for the housing industry, the economy and for those embracing the HomeBuilder grant. There had been fears that many who applied for the $25,000 HomeBuilder gr
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Timber prices in China soar to new heights

16 April 2021
Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress on companies in the sector. But experts predicted that the situation would ease as the pandemic wanes and conditions improve. Source: The Global Times “The COVID-19 pa
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