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Latest timber industry news, updated on Monday, Wednesday and Friday.

Royal Commission in forestry managed schemes

Pressure is building for a royal commission into the financial industry after a cross parliamentary group backed a full investigation into life insurance, forestry managed investment schemes and financial planning. Source: The Guardian (Aust) Nationals senator John Williams, Greens se
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China wins in FTA with NZ

China is getting all the advantages from the Free Trade Agreement (FTA) between it and New Zealand, according to the forestry industry – and it wants the government to step in. Source: Radio New Zealand The Wood Council is looking for government support to challenge China at the
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Logging conflict brews in NSW

The battle lines for a renewal of the logging wars in south-east New South Wales are being drawn as environmental groups dispute the State Government’s commitment to protecting newly-created flora reserves. Source: ABC News The Mumbulla, Murrah, and Tanja State Forests and half
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Wooden Toyota with spark

More and more carmakers are developing and launching electric vehicles, but Toyota ups the ante with some serious design style and a wooden body. Source: Information Week Japanese carmaker Toyota is bringing a fresh twist to the expanding market of electric vehicles with the debut of
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PNG hits back at logging report

Papua New Guinea Government has described a recent report on logging in the country as ‘half baked’ and not true. Source: PNG Today The report by the US based think tank, the Oakland Institute titled The Great Timber Heist: The Logging Industry in Papua New Guinea highligh
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NPFL forestry grows well

NGATI Porou Forestry Ltd (NPFL) manages interests such as Crown forests, private investor forests and the Ngati Porou Whanui Forests/Hansol NZ joint venture. Source: Gisborne Herald Hansol is a South Korean conglomerate that provided the funds to establish and manage the forests. The
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Kauri dieback addressed in Coromandel

The recent closures of the Hukarahi Block near Whitianga and the iconic Manaia Sanctuary to prevent the spread of kauri dieback have been welcomed by the Coromandel Kauri Dieback Forum. Source: Voxy nz The Department of Conservation announced the closures last month and Forum chair Vi
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Forest Owners and Fed Farmers oppose GE rules

The Forest Owners Association has joined forces with Federated Farmers in opposing councils which want to declare themselves genetically modified free. It has said the councils’ moves would be “unworkable”. Source: Stuff co nz At present Federated Farmers is appealin
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Komatsu Forest best sales ever

Australia’s largest forestry equipment supplier, Komatsu Forest is reporting its best sales record in its 25-year history. Source: ABC Rural Globally, Komatsu Limited turns over US$26 billion each year and its forestry arm, Komatsu Forest is the single biggest player in forestry
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