New Zealand’s investment banks are clambering to get a slice of the Napier Port IPO action amid a long drought for new equity offers. The port’s owner, Hawke’s Bay Regional Council, has invited broking teams to Napier to pitch for the opportunity to float the port, followi
Southern Queensland has more than three million hectares of private native forest but only 8000 hectares are certified. The wood message is working but much of the timber supply is uncertified and detrimental to the Responsible Wood message. In a wide ranging interview veteran foreste
The world’s first koala sniffer dog has set up a work site in the New South Wales forest. Forestry Corporation’s regional ecologist John Willoughby said Oscar the Labrador was brought to the region to complement the extensive surveys of the local koala population already undertaken by
Pay rates of NZ$400 a day are not enough to attract workers to plant trees, potentially putting a brake on the New Zealand Government’s one billion trees by 2028 campaign. Forest nurseries have doubled plantings to 100 million tree seedings in response to Government incentives,
A Queensland-based importer has been fined $12,600 for ongoing non-compliance with Australia’s illegal logging laws, becoming the first company to be penalised under the legislation. Assistant Minister for Agriculture and Water Resources Richard Colbeck said the penalty was a timely r
The New South Wales forestry industry will have access to about 340,000 cubic metres of quality saw logs annually from native forests over the next five years under the recommitted 20-year regional forest agreements. More than 1 million cubic metres of non-high quality logs will also
As global consumer trends and demands continue to shift at an escalating pace, a new Forest2Market report shows that both structural and temporal market shifts in recent decades have impacted the markets for wood fibre residuals. The report, Changes in the Residual Wood Fiber Market 2
Global trade of softwood lumber from January through September 2018 was down 2.5% as compared with the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 201
Thousands of trees planted near Loch Ness could help grow a new income stream for Scotland’s forestry industry while removing thousands of tonnes of carbon from the atmosphere. The trees comprise a large-scale test site investigation by Natural Environment Research Council (NERC)-fund
Timber is one of the world’s most important renewable construction materials and Australia remains a leader in the field. Its durability is an important aspect of performance, particularly with Australia’s climate extremes and voracious termites. The National Centre for Timber Durabil