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Australia

Issue date: 
5 March 2013

Australian logging company Gunns goes into liquidation

Collapsed Australian timber company Gunns, which gained notoriety for its repeated clashes with environmentalists, has been placed into liquidation.

Issue date: 
January 2nd, 2013

Australia - New Forests to purchase Gunns mills

New Forests announced yesterday that it has completed an agreement to purchase Gunns’ sawmilling, sales, and distribution business from the Receiver, KordaMentha. New Forests will acquire all the assets of Gunns Timber Products (GTP), including the Bell Bay and Tarpeena sawmills.

Issue date: 
30 Aug 2012

Origin drops forestry deal amid carbon worries

Origin Energy has quit $133 million worth of options for forestry projects in Australia amid fears that the price of carbon will plunge, according to The Australian Financial Review.

Issue date: 
August 17th, 2012

Temporary threat for Australian sawn timber producers

The Australian sawn timber industry is experiencing a temporary threat from imports as a result of a strong dollar and a global surplus of timber following the Global Financial Crisis, according to independent economic forecaster and industry analyst, BIS Shrapnel.

Issue date: 
August 24th, 2012

South Australia - SA forests sold to The Campbell Group

The South Australian state government has agreed to sell the South East timber harvesting rights to a consortium led by The Campbell Group (TCG) for an undisclosed amount. Backed by Australia’s Future Fund, the U.S.

Issue date: 
August 7th, 2012

Australian lumber market quiet for NZ lumber

he Australian lumber market remains subdued due to limited building activity. This market is not expected to rebound in the short-term, therefore should not be relied upon by NZ lumber exporters.

Issue date: 
August 15th, 2012

Tough times continue for sawn timber in Australia

The tough market for sawn timber is expected to continue over the next 15 months. Australian producers face increased pressure from imports as a result of the high Australian dollar and a global surplus of timber.

Issue date: 
19 Jun 2012

Uncertain future for international forest scheme

With deforestation responsible for around 18 per cent of global greenhouse gas emissions, it seemed, on the surface, to be an easy, cheap way to get some quick wins on the climate change board.

Issue date: 
01 June 2012

Logs from Australia plantations set to grow

Log supply from Australia’s timber plantations is set to increase substantially according to a new report, released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

Issue date: 
June 1st, 2012

World’s tallest timber high rise building in Melbourne

The city of Melbourne has been revealed as the location for an architectural world first. New plans were unveiled last Friday showing that the city will receive a unique addition to its iconic skyline - the world’s tallest timber high-rise building.

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by Dr. Radut