Australasia's home for timber news and information

More mismanagement in forestry schemes likely

15 January 2015
Potential mis-selling and poor advice are likely to once again occur in the forestry managed investment scheme (FMIS) sector if amendments to the Future of Financial Advice legislation are allowed to proceed. Source: Money Management According to Industry Super Australia (ISA), in its
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Financial planners not at fault for MIS collapse

15 January 2015
A government department, major bank and agribusiness scheme promoter have challenged the narrative that financial planners were complicit in the collapse of the forestry and agribusiness managed investment scheme (MIS) sector. Source: Money Management In a series of submissions to the
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Strongbuild to develop $2.9mill timber facility

15 January 2015
Shoalhaven City Council in New South Wales has received a development application for a $2.95 million manufacturing facility to be built on land adjoining Australian Paper’s mill at Bolong. Source: South Coast Register Lee Carmichael Town Planning has made the application for speciali
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Liberal support to sue Tassie individuals

15 January 2015
Tasmanian Liberal MHR Andrew Nikolic has thrown his support behind the state government’s plans to allow companies to sue individuals, despite it unravelling nationally uniform defamation laws. Source: The Advocate The state government is pushing ahead with plans to amend the De
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Third round of funds under SE Forestry program

15 January 2015
The South Australian Government said a failure of companies to meet selection criteria means a third round of applications for funds under the South-East Forestry Partnerships Program will open in March. Source: ABC News Forests Minister Leon Bignell said four south-east timber compan
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Hart mill now in Japanese hands

15 January 2015
Graeme Hart’s pulp and paper mill in the Eastern Bay of Plenty in New Zealand is now in the hands of a Japanese company. Source: Sun Live Oji Holding purchased the Hart-owned Carter Holt Harvey in April 2014 for NZ$1.037 billion. The pulp and paper mill sold for just over a NZ$1
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Forest thinning protects against bushfires

08 January 2015
The Arizona Republic recently ran several stories about efforts to thin forests in northern Arizona to protect the area from the damage, and the monetary and human cost, of wildfires. Source:AZCentral The efforts described are commendable and necessary. Removing dead wood, dry brush a
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Rimu salvage underway in NZ

08 January 2015
Helicopters have started salvaging some of the native timber blown over by Cyclone Ita on the West Coast of New Zealand in April. Source: 3News The storm destroyed thousands of hectares of forest, and over the summer hundreds of valuable rimu logs are being recovered from bush land ne
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Bee on track with forestry

08 January 2015
Tasmania’s honey producers are forking out tens of thousands of dollars to maintain access roads into beekeeping areas as the state’s forestry industry contracts. Source: Lexis Nexus Apiarists said they hoped the recovery of the timber industry would provide access to new
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Historic Smith’s Sawmill at Naringal closing

08 January 2015
A unique piece of south-west Victoria’s history will slowly draw to a close with Smith’s Sawmill at Naringal winding back its operations. Source: The Age The small mill has been run by the Smith family since the end of World War II and has employed two generations of the f
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