The Northern NSW forestry industry has begun salvaging burnt timber from softwood plantations impacted by recent fires, with local production to increase fourfold over the next year. Forestry Corporation NSW Grafton District Manager Trent Froud said plantation timber harvesting would
A delegation of forestry contractors from Victoria and NSW yesterday held a series of productive meetings with Federal Government and Opposition Ministers, Shadow Minsters and local MPs in Canberra to highlight the crisis they are facing as a result of the bushfires. Source: Timberbiz
VicForests will begin harvesting roadside timber along the Princes Highway in East Gippsland, employing contractors put out of work last week. VicForests was forced to issue force majeure notices to 10 contractors when it became obvious it could not fulfil certain contracts following
To paraphrase former US Secretary of Defence Donald Rumsfeld, the timber industry in Australia and New Zealand currently have some known knowns, and some unknown unknowns. To put it another way, the timber industry hopes it has a future, it just isn’t certain of what that future looks
While the full extent of fire impact in South Eastern New South Wales and the salvageability time frames remain unknown, what was known was that full recovery will take many years, according to Hyne Timber CEO Jon Kleinschmidt. Source: Timberbiz “Until plantations are re-established i
Norske Skog has entered into an agreement to sell its Tasmanian forest assets to a fund controlled by the Australian based investment manager New Forests Pty Ltd. The purchase price for the assets is $62.5 million. The transaction will result in a gain to be recognized in the first qu
Two businesses in Queensland’s largest timber forestry region will share in more than $600,000 of State Government funding to investigate projects that will transform waste streams into products and create new jobs for the state. Source: Timberbiz Laminex Australia at Toolara will rec
KIPT reported to investors that its insurer, Primacy Underwriting Management Pty Ltd, had accepted its claim for losses and provided the timber company with a $10 million “progress payment”. Source: Timberbiz “The balance of the claim is being progressed by the insurer, and fur
The Victorian State Government is still refusing to release bushfire fuel load maps for Victoria, despite an order from State Parliament to make the documents public. The maps, published in August, show the build-up of fuel loads across East Gippsland and North East Victoria. Source:
Forestry Industry WA Welcome Mat is a cross-industry initiative to build a stronger industry in WA by forging links across our diverse professions and building a better understanding, across the industry, of who we are and what we do. Source: Timberbiz Welcome Mat is an initiative in