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Latest timber industry news, updated on Monday, Wednesday and Friday.

Tahune Airwalk sold for less than $1m

One of Tasmania’s leading tourism businesses, which cost taxpayers $4 million to set up, has been offloaded for less than $1 million. The Mercury The Tahune Airwalk was among several asset sales that earned Forestry Tasmania $822,000, the government enterprise’s annual report reveals.
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Forestry Tasmania’s improved loss

Forestry Tasmania has posted a $24.1 million loss for 2016-17; a significant improvement from the $65.4 million loss the year before. Source: The Examiner The final Forestry Tasmania report, before its rebranding to Sustainable Timber Tasmania, was released with company chairman Rob d
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ABARES figures show growth in demand for wood

Australia’s sustainable forest product industries had a record log harvest in 2016-17, increasing in both value and volume, according to statistics and forecasts published by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Source: Timberbiz The ABAR
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A new world’s largest CLT building

Work has been completed on a 10- storey carbon-neutral apartment complex in London’s Dalston, which architecture firm Waugh Thistleton claims is the “world’s largest cross-laminated timber building”. Source: Dezeen Not only is Dalston Works believed to use more
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Germany’s wood detectives spying on you

The words “endangered species” might make you think of tigers and panda bears. But in 183 countries, an international law also protects the wood from endangered trees — which can affect everything from kitchen tables to paper plates. Source: PRI The Convention on International Trade i
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APEC sows’ seeds for sustainable forestry

Ministers from APEC member economies are stepping up their push to salvage the majority of the world’s dwindling forests and the livelihoods of millions of people that depend on these resources as consumer demand in the region surges. Source: Timberbiz Ministers meeting in Seoul launc
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Study finds foreign flat packs flood the market

Foreign flat-pack imports make up approximately 15% of the total household joinery fitted in Australia each year, according to a new study commissioned by FWPA to illuminate what was previously a statistical black hole. Source: Timberbiz The study to develop reliable data around flat-
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NZ Oregon Group has record year

Oregon Group, which manages a New Zealand portfolio of business for Malaysia’s Tiong family, expects to record earnings in 2018 on rising prices for forest products and the completion of apartments in its land development unit. Source: NBR Mr Thomas Song, managing director of Oregon G
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