The Reserve Bank Board voted to lower the Official Cash Rate for the first time since August 2013. Source: Timberbix “With Australia’s inflation pulse at its slowest in several years but domestic demand remaining weak, the RBA Board have cut rates to provide an opportunity for
Australian Bureau of Statistics (ABS) building approvals remained at an elevated, albeit slightly lower level in December 2014, after reaching their highest-ever monthly level during November. Source: Timberbiz Figures released this week by the Housing Industry Association show that t
The Australian Forest Contractors Association (AFCA) has appointed a new general manager, Stacey Gardiner who will start with the organisation on 10 March 2015. Source: Timberbiz She will hit the ground running in a series of meetings with members across Australia. Ms Gardiner’
The directors of Australian Forestry Standard Ltd (AFS) are deeply saddened by the unexpected death of CEO and National Secretary Richard Stanton. Sources: Timberbiz, The Canberra Times Mr Stanton died after falling from his pushbike last week in Canberra. He will be remembered
Scientists from Edinburgh Napier University and Sappi have developed a low cost way to turn wood into a wonder material that could be used to build greener cars, thicken foods and even treat wounds. It means Sappi will be able to produce the lightweight material on a commercial
A letter to NSW Opposition Leader, Luke Foley, from Timber Communities Australia (TCA), has reflected the dismay of the NSW north coast timber communities at the announcement of a new mega-style national park for koala protection. Source: Timberbiz “TCA wrote to Mr Foley and will writ
New Zealand export log prices have risen to a nine-month high as falling Chinese inventories stoked demand in the nation’s largest market. Source: NZ City Local returns were also bolstered by a decline in the kiwi dollar and lower shipping costs. The average wharf gate price for
The second biennial NTCA Local Government Forest and Timber Industry Conference will be the conference for local government and timber industry professionals. Source: Timberbiz It will be held at the Bayview Eden, Melbourne on 29-30 April 2015. With a focus on socio-economic issues an
South Australian based Durable Hardwoods, operated by Rod Taverner and Justin Daws, started about 20 years ago with the specific intention of importing timber sourced from low ecological impact village-based operations in Papua New Guinea. After working there for many years Rod had de
WA engineered wood products group Wesbeam Holdings claims a “180-degree” turnaround in market conditions is set to improve its bottom line, after it posted yet another annual loss. Source: The West Australian The company revealed an $8.1 million loss on sales of $68. 6 mil