Australasia's home for timber news and information

Timberlink SA grant to upgrade Tarpeena

Timberlink Australia has been awarded a $7.8 million grant by the South Australian State Government to be matched dollar-for-dollar by capital investment from Timberlink in a strategic upgrade of the company’s Tarpeena sawmill. Source: Lesprom
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Rotorua sawmill Te Arawa bid no go

Te Arawa has decided not to bid for the closed Rotorua sawmill, Tachikawa, because it would cost about $25 million to buy and run. Source: Radio New Zealand
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Carbon credits or carbon contemplation

Australia surpassed 3 million credits issued under its carbon offset scheme for agriculture, forestry and waste, but uptake of new projects is low with regulatory uncertainty weighing heavily on project developers. Sources: Sydney Morning Herald, Timberbiz
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More slanging matches in Tassie parliament

Legislative Councillors in Tasmania have denied playing politics over the forestry issue in a heated exchange at a parliamentary committee reviewing Government Business Enterprises. Source: The Examiner
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Mass planting of endangered tent pole tree

A single mass planting has boosted the national population of the rare and endangered Turner’s kohuhu (pittosporum turneri, or tent pole tree) by more than 10% in New Zealand. Source: Scoop.co.nz
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Christmas trees more deadly than sharks

Sharks are terrifying, mammoth animals with rows of razor-sharp teeth and they motor through the water at speeds many times faster than us. It'd be stupid not to scared of them, wouldn't it? Source: The Age
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Macquarie Group to manage forestry

The Macquarie Group has struck a deal with BRI Ferrier offering to manage hundreds of millions of dollars worth of forestry assets nationally for the new owners of Forest Enterprises Australia. Source: The Australian
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Queensland government forest sale

The Queensland government is embarking on another sale of forestry assets, through its power subsidiary Ergon Energy. Source: The Australian
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Deloitte puts FEA on the market

Investors in the collapsed Forestry Enterprises Australia will be hoping to recoup some of the $400 million they poured into the business over several years as investment bank Gresham and receiver Deloitte officially place the plantation owner on the market. Source: The Australian
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NZ safety standards in review

New Zealand Labour Minister Simon Bridges said prosecutions were "very likely" for forestry owners who breached safety standards. Source: The New Zealand Herald
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