A Labour Government in New Zealand would offer targeted tax incentives to those investing in the timber processing industry, according to a new action plan published by the opposition party. Source: Tax News
Labour is to announce a plan to get long term unemployed working in forestry when Leader David Cunliffe speaks to an industry conference in Wellington. Source: The New Zealand Herald
The Green Party in New Zealand says it will offer a NZ$1 million prize for the first company to build a 10-storey structural timber building in New Zealand. Source: Fairfax NZ News, Stuff.co.nz
Boat builder and Tasmanian Special Timber Alliance spokesman Andrew Denman said while the peace deal did not need to be torn up it should be changed to ensure his sector remained sustainable. Sources: The Australian, ABC News
Tasmania's incoming premier Will Hodgman is demanding green groups accept the Liberal party has a mandate to reboot the state's logging industry. Sources: AAP, ABC
Asia-Pacific nations are failing to halt the loss of natural forests and grasslands, the UN Food and Agriculture Organisation (FAO) said, robbing people of their livelihoods and worsening environmental problems like desertification and climate change. Source: Sydney Morning Herald
The European Investment Bank (EIB) has approved Slovakia a loan of EUR 120 million to finance projects contributing to afforestation, improved forest protection and management and the upgrading of agricultural infrastructure in rural areas. Source: RTT