Australasia's home for timber news and information

Almost $6m to plant 4574 trees in NZ

20 September 2018
Funding of NZ$5.9 million will be given to landowners nationwide to plant 4574 hectares of trees under Te Uru Rākau’s (Forestry New Zealand’s) Afforestation Grants Scheme (AGS). Source: Timberbiz Eighty-three applications were approved in the 2018 round, with 2788 hectares being
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OFO to buy Manuka Island estate

17 September 2018
Australian forestry company OneFortyOne (OFO) has announced its intention to purchase the Manuka Island forest estate in the Wairau Valley near Blenheim, New Zealand. The proposed purchase is now being reviewed by the Overseas Investment Office. Source: Timberbiz The Manuka Island est
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ForestX on foreign investment in NZ

17 September 2018
As the Government considers various foreign investor applications in the forest and wood processing sectors what should it be looking for? More than anything it should be looking for the opportunity to bring improved management into the industry and joint ventures with local parties a
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Juken NZ to cut jobs and upgrade mill

13 September 2018
Forestry and wood processing company, Juken New Zealand Ltd (JNL) announced a proposal to modernise its Kaitaia Triboard mill. The company is proposing to make a significant investment over the next few years to upgrade and modernise the mill. Source: Timberbiz The mill’s engineered w
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NZ Wood Resene Awards announced next week

11 September 2018
NZ Wood Resene Timber Design Awards is a highly acclaimed, annual awards event showcasing the innovative, structural and aesthetic use of timber by New Zealand architects and engineers. The awards will be announced in Auckland on 20 September. Source: Timberbiz The entrants constantly
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OneFortyOne’s two significant initiatives

11 September 2018
The new owner of Nelson Forests OneFortyOne (OFO) has marked the settlement of its purchase with the announcement of two significant new initiatives – the establishment of a substantial fund for sedimentation research and a school leaver program that will provide trade apprenticeships
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NZ productivity report means massive land for forestry

06 September 2018
Forest owners say New Zealand’s Productivity Commission’s call for up to 2.8 million hectares of land to be turned into forests as a carbon sink would require implementing the most ambitious land-use change project a New Zealand government has ever set itself. Source: Timberbiz Forest
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Canterbury University building uses innovative NZ timber tech

04 September 2018
Innovative, tall timber framing has risen on the University of Canterbury’s Ilam campus, as a new building, honouring alumna ‘Queen of the Cosmos’ Beatrice Tinsley, advances multi-storey timber-framed construction in New Zealand. Source: Voxy Construction of the Science precinct’s imp
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Redwood forest to be planted in New Zealand

04 September 2018
A large-scale land purchase by an American forestry company west of Taupō will see 1148ha of farmland converted into a redwood forest. Source: Stuff NZ The NZ$7 million purchase north of Taumarunui, near Matiere, by The New Zealand Redwood Company was approved by the Overseas Investme
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Forestry take on Overseas Investment Amendment Act

30 August 2018
On 22 August 2018, the Overseas Investment Amendment Act 2018 (Amendment Act) became law in New Zealand. The new laws will come into force on or before 22 October 2018. Source: Mondaq As well as bringing “residential land” within the Overseas Investment Act, the Amendment
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