Boral will moth-ball its Batemans Bay timber mill operation on the New South Wales far south coast in response to a 30-year low in new housing construction and the need to reduce costs. Source: ABC News
Boral will moth-ball its Batemans Bay timber mill operation on the New South Wales far south coast in response to a 30-year low in new housing construction and the need to reduce costs. Source: ABC News
An Austrian prince has been granted approval to buy land from one of New Zealand's leading forestry investment companies. Prince Tassilo Metternich-Sandor will buy 1148 hectares of land in Napier in a deal worth $3.4 million. Source: NZ City
A rare native timber that's already in danger of extinction across three continents now faces a new threat in Australia. Native sandalwood can fetch $15,000 a tonne on world markets but that high price has led to a thriving trade in timber poaching. Source: ABC News (7.30 Report)