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

Call for help after SA forestry fires

Owners of the Morgan sawmill in South Australia's mid-north are calling for State Government help to save the local forestry industry. Source: ABC Rural
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Mirvac in $50 forest sale

A fund managed by Mirvac is readying to sell 20,000ha of forestry land to New Forests Group for more than $50 million. Source: The Australian
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NZ Super sale of Kaingaroa Timberlands

The New Zealand Superannuation Fund has sold 2.5% of Kaingaroa Timberlands to six central North Island iwi, giving the underlying landowners access to some of the profits generated from the nation's biggest forestry business. Source: The National Business Review (NZ)
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NZ sawmill company in receivership

Southern Cross Forest Products, a sawmill company in New Zealand with about 400 employees and about NZ$100 million in annual sales was placed in receivership. Sources: Stuff NZ, Fairfax NZ News, TVNZ
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New equipment at ASH guarantees future work

Australian Sustainable Hardwoods (ASH) at Heyfield, Victoria is putting the finishing touches on its latest expansion, which experts tip will provide a much bigger range of building products for architects and designers. Source: The Gippsland Times
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Forestry sectors in structural decline

February and March were dark months for Australian manufacturing and aviation workers. Unfortunately, they are not the only sectors tipped to feel the pain of restructuring. Sources: Business Spectator, The Age
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Too many forests locked up reignites debate

Prime Minister Tony Abbott's declaration that too many of the country's forests are "locked up" has met a furious response from the Tasmanian state government and environmentalists. Sources: The Australian, ABC News
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IKEA subsidiary stripped of FSC

A subsidiary of IKEA that supplies timber to the furniture maker has been stripped of its Forest Stewardship Council (FSC) accreditation following an audit. Source: Supply Management
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China still behind on forest inventory

While forest coverage has increased across the nation, China still lags behind in woodland coverage in comparison with the global average according to the State Forestry Administration (SFA). Source: Global Times
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