A Mirvac Group-run fund has offloaded a portfolio of forestry assets once leased to Timbercorp worth about $60 million to acquisitive fund manager New Forests. Sources: The Australian, Timberbiz, ABC News
New Zealand’s National’s Primary Growth Partnership has rejected all applications for funding to develop engineered wood according to Labour’s Research and Development spokesperson Megan Woods. Source: Voxy
A multinational corporation was allowed to pollute Canberra water with toxic chemicals in a case exposing more than a decade of failings by ACT authorities. Sources: The Canberra Times, 7News
Investigators are mystified why a man who died in a workplace accident north of Heywood in Victoria when he left the cabin of an operating tree harvester. Source: The Standard
Research at the University of Canterbury could help cut the unacceptably high number of deaths and injuries in New Zealand's forestry industry. Sources: 3News, Radio New Zealand
It was not on the meeting agenda but Councillor Gae Swain made sure that at the council’s monthly meeting the crisis facing Gunnedah Timbers in New South Wales remained in the spotlight. Source: Namoi Valley Independent
The Green Party in New Zealand says it will offer a NZ$1 million prize for the first company to build a 10-storey structural timber building in New Zealand. Source: Fairfax NZ News, Stuff.co.nz
Labour is to announce a plan to get long term unemployed working in forestry when Leader David Cunliffe speaks to an industry conference in Wellington. Source: The New Zealand Herald
A Labour Government in New Zealand would offer targeted tax incentives to those investing in the timber processing industry, according to a new action plan published by the opposition party. Source: Tax News