Australasia's home for timber news and information

New report on carbon emission substitution and carbon storage in wood-based products

A scientific report “Fossil carbon emission substitution and carbon storage effects of wood-based products” has been published by The Finnish Environment Institute (SYKE) and the German Institut für Energie- und Umweltforschung Heidelberg (IFEU). The report focuses on carbon storage i
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Global Woodchip and Biomass conference for Singapore

The global woodchip and biomass trade conference will be held on Singapore in 26-28 October 2022, announced DANA NZ and GINGKO Consulting the event organisers. Source: Timberbiz This is the 10th Woodchip and Biomass Trade Conference organised by Dennis Neilson (DANA NZ) since 2005, an
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US forest owners hit back at new tax

President Biden recently released his US$5.8 trillion fiscal year 2023 (FY23) budget proposal, which he plans to fund through tax hikes that may impact private forest landowners. Source: Timberbiz The budget proposal relies heavily on an annual 20% tax on taxpayers with income and ass
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Six more farms to be converted to forests in NZ

New Zealand’s Overseas Investment Office has approved the sale of another six farms for conversion to forestry under the special forestry test. Introduced in 2018 to encourage more tree planting – farming groups have raised alarm at the rate of farms being sold through the speci
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AFPA presents opportunities at World Forestry Congress

The Australian Forest Products Association has highlighted the enormous opportunity the global push for more sustainable, low-emission industries is presenting for the world’s forest industries. Source: Timberbiz Speaking at the World Forestry Congress in Seoul co-hosted by the United
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Select harvesting at Coopernook forest

Parts of Coopernook State Forest, including the Coopernook HQ picnic and camping grounds, have been temporarily closed to allow the safe completion of operations to selectively harvest renewable timber products in the adjoining forest. Source: Timberbiz Forestry Corporation of NSW’s P
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Bond arrives in Sydney’s northwest

The Norwest Business Park development by Mulpha in Sydney’s northwest is a 377-hectare masterplan precinct that includes ‘The Bond’, which is the first of three mass wood buildings featuring biophilic design exposed mass timber and glulam frames supporting CLT floor and roof panels. S
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Timber Qld Growth Scholarships Program open to foster passion for forestry

Timber Queensland has launched its annual ‘Growth Scholarships’ Program in 2022–2023. The new scholarship program is aimed at early and mid-career professionals and skilled workers to foster their passion for working in the Queensland forest and timber industry. Source: Timberbiz Timb
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Interest rate increase won’t affect rising cost of building materials

Yesterday’s 0.25% increase in the cash rate will do little to arrest the rising cost of building materials, according to the Housing Industry Association. The HIA’s Chief Economist Tim Reardon said that home building activity was expected to ease modestly from its current elevated lev
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Opal gains $48M for its Energy from Waste project at Maryvale

The Maryvale Energy from Waste project at Opal Australian Paper’s Maryvale Mill, in Victoria, has been given $48.2m in grant funding helping to power Opal’s pulp and paper mill while driving down emissions. Source: Timberbiz By diverting about 325,000 tonnes a year of non-recyclable w
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