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

Harvard buys into TFS sandalwood

One of the world’s most prestigious universities has taken a stake in a Top End station growing Indian sandalwood. Source: ABC News Harvard University has invested an estimated $A40 million in a 399 hectare plantation set up and run by Tropical Forestry Services (TFS) in the Dou
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Greens say Government to listen to forest owners for ETS

The Government should listen to forest owners and fix their climate change policies, which are driving trees to be cut down rather than planted, meaning New Zealand’s polluting greenhouse gas emissions will increase says the Green Party. Source: Voxy NZ The Forest Owners Association c
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Hyne Timber welcomes Deputy Prime Minister

Hyne Timber has welcomed the opportunity to showcase one of its flagship operations to the Deputy Prime Minister, Warren Truss and Federal Minister for Agriculture, the Honourable Barnaby Joyce. Source: The Fraser Coast Chronicle Hosted by Director Chris Hyne, CEO Jon Kleinschmidt and
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Carter Holt Harvey to list on NZ and Australian stock exchanges

New Zealand-based wood products supplier Carter Holt Harvey has said it is preparing for an initial public offering, which would involve listing on both the Australian and New Zealand stock exchanges. Sources: The Australian, Radio New Zealand, NBR The announcement comes after months
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Timber to frame the future of commercial buildings

Commercial multi-storey buildings have started to rise in Australia with the tallest to date a five-storey apartment building in Melbourne. To build more and better we need greater engineering expertise. Source: Timberbiz “The Green” by Australand Property Group is a new hybrid constr
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Wairarapa encouraged to take-up grants

Wairarapa landowners are being encouraged to take up a grant scheme to plant forests, which has just received a $NZ22.5 million boost. Sources: Wairarapa Times, New Zealand Herald Associate Primary Industries Minister Jo Goodhew made a pre-Budget announcement at Federated Farmers Wair
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NZ’s new afforestation grant scheme

The New Zealand Government this week confirmed a multi-million dollar reboot of the popular Afforestation Grant Scheme (AGS), Associate Primary Industries Minister Jo Goodhew says. Sources: Timberbiz, Radio New Zealand, Stuff NZ, New Zealand Herald The new version of the scheme will s
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Maybe 100 job loses at Forestry Tas

The Community and Public Sector Union (CPSU) says it is not convinced job losses at Forestry Tasmania will be limited to 50 positions. Source: ABC News Forestry Tasmania has confirmed 50 jobs will be shed in the next few months as the State Government-owned company is downsized. Twent
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