Australasia's home for timber news and information

NZ’s ETS settings consultation fails to boost the carbon market

New Zealand’s consultation to update carbon auction price settings for its emissions trading scheme failed to provide certainty to the market, with the government’s option to lower the auction floor denting market confidence and pushing prices down. Source: S&P Global
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Opinion: Marcus Musson – the funny month of May

May’s a funny month, you’re hanging onto the autumn weather and good times that were had over summer, knowing fully well that winter is around the corner, and it’s going to get cold and ugly. This is usually the case for our industry as log prices generally start heading south in late
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Demand for pruned logs from NZ is high

International demand for pruned logs from New Zealand is the highest ever seen by a forest manager with 30 years of experience in the sector. Source: RNZ John Turkington owns John Turkington Forestry – a Manawatū company that plants, manages, harvests and markets radiata pine, says he
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Whakatane Mill upgrades

Upgraded operations are well underway at Whakatane Mill Limited’s paperboard mill on New Zealand’s North Island following the businesses official grand re-opening celebrated in March. Source: Timberbiz The initial months of the year were spent installing new state-of-the-art machinery
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NZ government cuts funding for Scion

Government spending cuts have forced Scion, the dedicated Crown research institute charged with growing forestry exports, to propose shedding a significant number of scientists. Source: Timberbiz Scion which is headquartered in Rotorua, New Zealand has told staff that 30 jobs or aroun
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New Zealand’s softwood log exports

Reflecting on New Zealand’s softwood log exports to China in 2023, ResourceWise data indicates a 5% increase compared with 2022. However, a closer look at the numbers reveals a 4% decrease from 2021, highlighting exporters’ challenges in adapting to a weakened Chinese econ
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Provisional estimates of sales of tree stocks in NZ

  A report by New Zealand’s Forest Service provides the provisional estimates of the sales of tree stocks and the areas of commercial forest planted in 2023. It also provides an estimate of mānuka seedling sales, and the area planted. Source: Timberbiz Following the main winter p
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Downward trend in NZ workplace injuries for forestry

Safetree NZ has released the Health & Safety statistics dashboard for March 2024. WorkSafe provides statistics on forestry fatalities and workplace incidents. These investigations help inform of any key issues or trends as they come to light. Source: Timberbiz Overall, there is a
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ETS compliant carbon projects carry risks

Forestry carbon investments have developed to become an important facet of the forestry landscape in New Zealand as investors have sought to jump on the bandwagon to decarbonise. For many investors it is an economic play where they are seeking to make economic profits as well as poten
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NZ’s Tree of the Year

Six nominees for this year’s New Zealand Tree of the Year competition have been revealed, with organisers saying the story behind the trees is often as important as the vegetation itself. Source: RNZ The competition, now in its third year, is not about celebrating a species, jus
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