Australasia's home for timber news and information

Queensland timber industry outlook is bright

09 June 2016
With a record-breaking year in new housing activity in Queensland in 2015, innovations in wood technology and new laws allowing taller timber buildings, the future for the State’s forest and timber industry is looking brighter. Source: Timberbiz Speaking at the Doing Timber Business i
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Hyne Timber backs $1.5m funding

02 June 2016
Hyne Timber, in partnership with the University of Queensland, has welcomed the announcement of more than $1.5 million funding for tall timber buildings research. Source: Manufacturers’ Monthly The funding announcement by the Australian Research Council is particularly timely given th
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Turnbull promises $4 million for forestry research hubs

02 June 2016
The Turnbull Coalition has announced a $4 million investment for a National Institute for Forest Products Innovation comprising of two research hubs. Source: Timberbiz Assistant Minister for Agriculture and Water Resources, Senator Ruston said that, in addition to the Coalition invest
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Borg bid to buy Alpine MDF

02 June 2016
One of Wangaratta’s larg­est employers Alpine MDF Industries is set to be sold if given approval by the Austra­lian Competition and Consumer Commission (ACCC). Source: Timberbiz The offer from NSW based Borg Manufacturing has been accepted by Alpine MDF and will be formalised if appro
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Blundy could enter hardware business through Masters

26 May 2016
Brett Blundy’s focus may have been on racking up a fortune while successfully floating three of his retail operations in the past two years. But now it appears the Australian rich-lister is attempting to reinvest some of those millions he made into buying Woolworths’ hardware operatio
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Border city for new XLam factory

26 May 2016
Albury-Wodonga, on the Victorian/New South Wales border, is set to be home to Australia’s first cross laminated timber (CLT) manufacturing plant. Source: ABC News The $25 million XLam operation is expected to create up to 54 jobs when it begins operations, scheduled for 2017. Wh
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Figures show growth in forestry

26 May 2016
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has released the Australian forest and wood products statistics: September and December quarters 2015 report. Source: Timberbiz ABARES Executive Director, Karen Schneider, said that the Australian fores
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Merged Home Mitre 10 not for everyone

19 May 2016
Defections from the Mitre 10 and Home Timber & Hardware networks are shaping up as a bigger risk to Metcash’s bid to create a serious number two player in hardware than the competition watchdog investigation. Source: The Sydney Morning Herald Rival buying group Hardware &
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Housing construction loans to investors surge in March

19 May 2016
ABS housing finance figures show that lending to investors constructing new housing surged in March, said the Housing Industry Association, the voice of the residential building industry. Source: Timberbiz “While total home lending edged marginally lower in March, lending to investors
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Forest industries say include Greens in Leaders Debate

19 May 2016
A leading industry group representing the forestry and forest products industries agrees that the Australian Greens should be included in the election ‘Leaders Debates’. Source: Timberbiz Chief Executive Officer of the Australian Forest Products Association (AFPA) Mr Ross Hampton said
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