Australasia's home for timber news and information

This old wooden chair sells for $8.5M

07 June 2021
Christie’s Hong Kong recently announced the results from multiple auctions, including onefor a unique folding chair made of wood that was crafted and used in China during the 17th century. Sources: Slashgear, Timberbiz According to the auction house, the item sold at an amount several
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US housing starts to take a dive

07 June 2021
After cresting a 15-year high in March fuelled by a breakneck building pace in the United States Midwest (where total housing starts were up nearly 123% month-over-month), homebuilding reversed course and surprisingly dropped in April. Source: FOREST2MARKET Privately-owned housing sta
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Welding wood becomes a reality

07 June 2021
In a proof-of-concept collaboration between TWI Ltd and the University of Cambridge and enabled by the Construction Innovation Hub, researchers have developed a sustainable process to rapidly join timber elements using linear friction welding. Source: University of Cambridge Two years
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Arbor Day initiative to plant seeds of change

07 June 2021
A new Arbor Day initiative announced by New Zealand Forestry Minister Stuart Nash will see thousands of primary school children get the chance to plant native trees in their communities. Source: Timberbiz The initiative is open to more than 2400 primary schools. It is a partnership be
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$200M timber tower for inner city Melbourne

07 June 2021
Global investment manager Hines will begin construction of a speculative $200 million timber office tower in Collingwood in the second half of the year, confident it can secure tenants seeking more affordable premises in a new building designed for the post-COVID-19 age. Source: Finan
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Patchy recovery for the paper sector

07 June 2021
Latest analysis shows the paper sector’s trade has recovered some ground in the first quarter of 2021, but it’s a patchy and limited recovery at best. Source: IndustryEdge And moments after IndustryEdge published its latest edition, it learned of the sale of the Whakatane Board Mill i
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Forestry and wood processing scholarships open in NZ

07 June 2021
Nine more New Zealanders can begin to study for a career in forestry and wood processing with 2022 Ngā Karahipi Uru Rākau – Forestry Scholarships now that the application process is open. Source: Timberbiz “It is an exciting time to be studying and working in the forestry and wood pro
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FSC rescheduled AGM

07 June 2021
FSC Australia has now rescheduled its Annual General Meeting (AGM), for Responsible Forest Management Australia Ltd (Trading as FSC Australia) for Wednesday 28 July 2021. Source: Timberbiz At this stage (subject to any further Covid restrictions) the Board wants to hold a physical mee
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Bunnings sees surge in timber demand and angry customers

07 June 2021
Australian hardware chain Bunnings expects elevated timber prices to squeeze its margins for up to another year as a boom in home improvement and construction drives a surge in demand. Sources: Reuters, Timberbiz, News “We think about timber (and) we’ve probably got another six to 12
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No white knight for South Australia just a dark future

07 June 2021
A “white knight” solution by the South Australian Primary Industries Minister to address the State’s chronic timber crisis demonstrates his total lack of understanding of the crisis gripping the state $16 billion building and construction industry, according to SA-Best. Source: Timber
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