A property developer from Singapore has trumped Stockland's $2.5 billion takeover bid for Australand. Sources: Timberbiz, News.com.au, Sydney Morning Herald
Pine seedlings will be planted in 2800 hectares of State-owned plantations near Oberon, Bathurst and Orange during the Forestry Corporation of NSW’s annual winter planting program, which started this week. Source: Timberbiz
Col McCulloch has quit his role as chief executive officer of the Australian Forest Contractors Association, citing “directional differences” as the reason behind the move. Source: Timberbiz
With Ta Ann Holdings Bhd (Ta Ann) seeing its strongest timber earnings since 2007, analysts say this will offset any losses from its Tasmanian operations. Source: The Borneo Post
An Alberta Heritage Savings Trust Fund investment into private woodlots in Australia is paying huge dividends since more than 2500 square kilometres of land was purchased out of bankruptcy following the 2008 global recession, said AIMCo chief executive Leo de Bever. Source: The Calgar
A director of Dunedin's only sawmill has added his voice to the chorus calling for a fresh look at the pricing structure of the forestry industry. Source: The Otago Daily Times
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