Shares in Australia's biggest building materials provider Boral closed more than 3% lower after it issued a profit warning and said it was unable to predict when the soft conditions in the nation's home building market would improve. Source: The Australian
New Zealanders looking for a cheap way to warm their homes are being warned not to use treated timber offcuts in their fireplaces. Source: The New Zealand Herald
A senate inquiry into the $45 million forest contractors' exit grants scheme showed that the program failed to meet its stated outcome of reducing forest hauls. Source: The Examiner
Construction is due to commence on North America’s tallest timber building, the Wood Innovation and Design Centre (WIDC) in British Columbia. Source: DesignBuildSource
Law enforcement officials from Indonesia and six other countries have gathered in Jakarta to discuss greater transnational cooperation to tackle illegal logging and other forestry crimes. The Jakarta Globe
From next year a levy of NZ27c per tonne for harvested timber will be used to research ways to make forestry more profitable according to New Zealand Forest Growers' Levy Trust chairman Geoff Thompson. Source: Wanganui Chronicle
While painting his vision for Eden-Monaro as a national flagship of renewable energy local MP Mike Kelly said he doubted that the South East Fibre Exports (SEFE) chip mill had much of a future. Source: Eden Magnet
The Housing Industry Association (HIA) will commence its Housing Australians campaign with the release of a series of radio and print advertisements. Source: Timberbiz
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