Australasia's home for timber news and information

Mirvac sells forestry assets

A Mirvac Group-run fund has offloaded a portfolio of forestry assets once leased to Timbercorp worth about $60 million to acquisitive fund manager New Forests. Sources: The Australian, Timberbiz, ABC News
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Carter Holt Harvey price fixing

Carter Holt Harvey, the wood company owned by Graeme Hart's Rank Group, was fined NZ$1.85 million by the High Court for price fixing in the Auckland commercial timber market. Source: National Business Review
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Fimo conferences in NZ and Australia

New Zealand and Australia will host a major forest investment and market outlook conference series Forest Investment and Market Outlook 2014. Source: Timberbiz
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Solomon Islands workshop for timber export

A one-day workshop to allowed timber exporters and dealers to better understand and meet requirements before exporting product overseas. Source: The Solomon Star
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Solomon Islands government addresses logging finance

The Solomon Islands Prime Minister said his government is addressing some of the difficulties the logging industry is having with commercial banks operating in his country. Source: Radio New Zealand
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Southeast Asia shifts to green growth

How can Southeast Asia's forests accelerate a shift to green growth, increase climate resilience and fight poverty? Source: Timberbiz
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New Forest plans a new wave of deals

San Francisco-based New Forests is planning a new wave of deals, targeting up to $1.7 billion of Australia's state-owned pine forests ahead of an expected surge in demand from China and the US. Source: The Australian
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Timber plantation sales could be cattle pasture

The possible return of tens of thousands of hectares of timber plantation to productive agricultural land across NSW’s high rainfall zones is being welcomed as a potential economic and social boon to bush communities. Source: The Land
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NZ-China FTA is a log jam

Chair of the New Zealand Wood Council Bill McCallum told the biennial Forest-Wood conference in Wellington that the Government needs to step up in a number of areas if the sector is to reach its export earnings target of $12 billion by 2022. Source: Radio New Zealand
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NZ Government urged to stimulate domestic wood demand

The Government needs to stimulate domestic demand for wood to stop New Zealand forestry from being dangerously reliant on the Chinese log trade. Sources: Fairfax NZ News, Scoop.co.nz
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