The $1bn privatisation of NSW forestry assets has been placed in jeopardy by the bushfires, with large swaths of the land already burned out and the plan unlikely to proceed if the damage is too extensive. Source: Timberbiz A scoping study announced in August is expected to continue t
Plans by Prime Minister Scott Morrison to take a proposal to Cabinet to establish a royal commission into the current catastrophic bushfires have been generally welcomed by the timber industry. Source: Timberbiz Climate change, and how to better prepare and adapt for the “new normal”
Firefighters in Eastern Australia are capitalising on calmer weather conditions forecast for the rest of this week with authorities still unable to accurately assess the damage to harvestable timber stocks. Source: Timberbiz In Victoria, where fires have burned an estimated 1.2 millio
Sumitomo Forestry has entered into an agreement to acquire a 51% stake in Scott Park Group, a company that operates a custom-built housing business in Western Australia. The acquisition was made through its wholly owned Australian subsidiary, Sumitomo Forestry Australia Pty Ltd. Sourc
Building approvals in November reached their highest level since March 2019, up by 11.8 % due predominantly to a surge in approvals in New South Wales according to HIA Economist Tom Devitt. The Australian Bureau of Statistics released its monthly building approvals data covering all s
The largest employer in the NSW coastal town of Eden will remain closed for the foreseeable future after bushfire embers set the town’s woodchip mill and sawmill alight. Firefighters managed to contain the bushfires threatening the town last Saturday night, but a 100,000 tonne w
The Australian Forest Products Association has again commended all fire-fighting services and co-ordinators at a local, state and federal level, but with many more weeks of the fire season still to run, is appealing for a clear national consensus that the priority for deployment of re
Early aerial assessments indicate that 80% to 90% of Kangaroo Island Plantation Timbers’ trees valued in excess of $100 million and all of the island’s independent plantations have been affected by fire. Source: Timberbiz The region’s largest plantation holdings owner on Tuesday suspe
Pressure is mounting on State governments to better manage national parks through hazard reduction burning and selective logging, to avoid a repeat of the bushfire crisis sweeping the nation. Fires yesterday in extreme conditions continued to threaten areas in south eastern NSW, east
VicForests has released the amended Timber Release Plan (TRP) and Timber Utilisation Plan (TUP) following the completion of its consultation period. VicForests Chief Executive Officer Monique Dawson said the gazetted plans, released on Christmas Eve, provided industry with certainty,