Australasia's home for timber news and information

New director and independent chair for HVP as Adrian Kloeden steps down

31 August 2022
Adrian Kloeden is stepping down as a director and independent Chair of Hancock Victorian Plantations after eight years to focus on his increasing range of business and other interests. Senior business executive and commercial lawyer Therese Ryan has been appointed as a director and in
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Dramatic decline in China’s log imports

31 August 2022
There was a dramatic decline in China’s softwood log imports China’s log imports in the first half of 2022 totalled 22.38 million cubic metres valued at US$4.567 billion, down 29% in volume and 13% in value, however, the average price for imported logs was US$204 (CIF) per cubic metre
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Slowing housing market in US leads to a decline in lumber prices

31 August 2022
Lumber prices fell to a new 2022 low as higher mortgage rates continue to weigh on a slowing housing market. The essential building commodity fell as much as 4% to US$465 per thousand board feet, decisively below the low seen in early August of US$470. Source: Business Insider While t
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Maersk divests its Russian port assets

31 August 2022
Maersk, one of the world’s largest shipping companies, has been looking to divest its Russian assets and now it has announced that it has sold its Russian port assets. Source: Timberbiz Following the announcement of Maersk’s commitment to discontinue activities in Russia earlier this
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Responsible Wood launches Community Grants Program

31 August 2022
Tomorrow Responsible Wood will launch its Community Grants Program. This is program’s third year, following the successful 2020/21 and 2021/22 programs. Source: Timberbiz The aim of the program is to support local communities develop, design and implement small community-based project
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New fire danger ratings come into effect tomorrow nationally

31 August 2022
Fire danger ratings have been simplified and come into effect from tomorrow, they will be standard across Australia. Source: Timberbiz The new Australian Fire Danger Rating System (AFDRS) has been developed using the latest science to be more accurate and relevant to the surrounding c
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Turmoil for Australian Paper as hardwood supply dwindles

31 August 2022
The turmoil in the native forest industry is deepening, with Australian Paper turning to recycle more paper as its hardwood timber supply dwindles, while a sawmill in the state’s far east is due to close because it has no timber. Source: Latrobe Valley Express Recent developments have
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WA’s native forest transition program hits more snags

31 August 2022
Civic and business leaders in the lower South West of WA are calling for alternative funding programs for businesses affected by the upcoming timber ban. Source: The West Australian Forestry Minister Dave Kelly recently unveiled the latest round of funding for companies indirectly aff
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Research shows National Forestry Day is worth celebrating

31 August 2022
New research commissioned by the Green Triangle Forest Industries Hub shows direct and indirect employment in South Australia’s forest and timber industries has increased to more than 21,000, up from 18,000 in 2016. Source: Timberbiz The research, prepared by ERC on the Economic Contr
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Inaugural National Forestry Day celebrated

30 August 2022
Yesterday was Australia’s National Forestry Day – a day to celebrate all the great work done by Australia’s forest industries. From growing trees that absorb carbon and making sustainable and renewable products, all while creating new jobs and underpinning communities, the contributio
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