Australasia's home for timber news and information

Forestry sectors in structural decline

06 March 2014
February and March were dark months for Australian manufacturing and aviation workers. Unfortunately, they are not the only sectors tipped to feel the pain of restructuring. Sources: Business Spectator, The Age
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New equipment at ASH guarantees future work

06 March 2014
Australian Sustainable Hardwoods (ASH) at Heyfield, Victoria is putting the finishing touches on its latest expansion, which experts tip will provide a much bigger range of building products for architects and designers. Source: The Gippsland Times
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NZ sawmill company in receivership

06 March 2014
Southern Cross Forest Products, a sawmill company in New Zealand with about 400 employees and about NZ$100 million in annual sales was placed in receivership. Sources: Stuff NZ, Fairfax NZ News, TVNZ
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NZ Super sale of Kaingaroa Timberlands

06 March 2014
The New Zealand Superannuation Fund has sold 2.5% of Kaingaroa Timberlands to six central North Island iwi, giving the underlying landowners access to some of the profits generated from the nation's biggest forestry business. Source: The National Business Review (NZ)
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Mirvac in $50 forest sale

06 March 2014
A fund managed by Mirvac is readying to sell 20,000ha of forestry land to New Forests Group for more than $50 million. Source: The Australian
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Study says biomass reduction lessens bushfire risk and costs

27 February 2014
A new study confirms that removing fuel from our bush can massively reduce the economic costs from bushfires. Source: Timberbiz
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Residential construction down in December

27 February 2014
Preliminary ABS figures indicate that the recovery in residential construction activity took a backwards step in the December quarter of 2013 according to the Housing Industry Association. Source: Timberbiz
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Report confirms forestry in Australia has suffered

27 February 2014
The forestry industry in Australia has suffered over the past five years with the collapse of managed investment schemes and the exits of several major players according to a new IBISWorld report. Source: Timberbiz
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More OH&S prosecutions likely in NZ

27 February 2014
More prosecutions of forestry operators for health and safety law breaches are likely in New Zealand. Source: New Zealand Herald.
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NZ’s new injury prevention program

27 February 2014
The Accident Compensation Corporation (ACC) in New Zealand announced that work has begun developing a new injury prevention program aimed at encouraging safer practices in the forestry sector. Source: Voxy
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