Australasia's home for timber news and information

Fiera to enter joint venture with Ngāi Tahu on NZ west coast

15 July 2024
Fiera Comox Partners, an affiliate of Fiera Capital Corporation, has announced the signing of an agreement to enter a newly established joint venture with Ngāi Tahu Holdings relating to Ngāi Tahu’s forestry estate on the West Coast of New Zealand, South Island. Fiera Comox will acquir
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Richard Westlake Scion’s new Chairman

12 July 2024
Richard Westlake has been appointed Chair of the Scion Board replacing Dr Helen Anderson whose two terms on the Scion Board ended in June. Mr Westlake will join existing Board members for their first official meeting together in Rotorua on 25 July. Source: Timberbiz He brings more tha
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Making sense of Euro Union regs in the Australian & NZ context

12 July 2024
As the European Union Deforestation Regulation (EUDR) approaches its enforcement date in December 2024, Australian and New Zealand forest industries are keen to understand its implications. Source: Timberbiz The EUDR bans the sale of commodities such as coffee, cocoa, cattle, palm oil
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Ngai Tahu sells cutting rights for West Coast Plantations

10 July 2024
Ngāi Tahu Holdings in New Zealand has agreed to sell 35-year cutting rights of its West Coast Plantations to a new joint venture comprising Fiera Comox (85%) and Ngai Tahu (15%). Source: Timberbiz The land is not included in the sale, which is only for a single rotation of cutting rig
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Dr Warren Parker NZ Primary Industries Champion

08 July 2024
The late Dr Warren Parker was recognised for his lifetime of dedication to the primary sector with the New Zealand Primary Industries Champion Award. The award entry was submitted by Pāmu Farms of New Zealand in collaboration with stalwarts of the industry who had worked with Dr Parke
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Ikea growing its New Zealand forestry portfolio

08 July 2024
While shoppers eagerly await IKEA opening its first New Zealand store, its parent company continues to grow its forestry portfolio in the country. Source: RNZ The Swedish furniture giant has begun construction of its Auckland store which is due to open in late 2025. Since August 2021,
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Threat assessment of vascular plants in New Zealand

05 July 2024
In a new report, Otago Regional Council (ORC) has released its Regional Threat Assessment for vascular plants – the third in a series of threat assessments for indigenous species in Otago. Source: Timberbiz For the first time, ORC has led an assessment of the threat status of vascular
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Landslide susceptibility model to be applied in NZ

03 July 2024
New Zealand’s Gisborne Council’s Landslide Susceptibility and Connectivity Model will soon be applied to land use planning in Tairāwhiti. This is part of the work underway to improve forestry and farming practices across the region. Source: Timberbiz The model, completed by Manaaki Wh
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NZ’s groundbreaking deal to remove tariffs including wood

03 July 2024
New Zealand has concluded a groundbreaking trade deal with Costa Rica, Iceland, and Switzerland, to remove tariffs on hundreds of products that benefit sustainability and the environment, Trade and Agriculture Minister Todd McClay said. Source: Timberbiz The Agreement on Climate Chang
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Scion projects collaborating with US and UK researchers

01 July 2024
Two Scion research projects have been awarded Catalyst: Seeding funding for projects in collaboration with United States and United Kingdom research organisations. Source: Timberbiz Principal scientists Dr Michael Watt and Dr Brian Richardson were behind the successful projects which
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