2012 Forestry Finance event call for presentations
The Forest Industry Engineering Association together with most of the major financial and forestry industry associations in Australia and New Zealand ran an inaugural Future Forestry Finance Conference series in Sydney and Auckland in early March 2010. The turnout exceeded expectations.
Tough times ahead for Australian housing construction Posted on July 8th, 2011
Both the Housing Industry Association (HIA) and Master Builders Australia (MBA) have just released reports on the gloomy forecasts for the Australian building and construction industry, particularly in the residential sector.
Macquarie, IFC agree forest carbon investment fund
(Reuters) - Australia's Macquarie Group , World Bank member the International Finance Corp and a forest management firm said on Thursday they had raised $25 million for forest carbon projects in poorer nations.
Forester Gunns to sell softwood forests in Australia's Green Triangle
Australian timber group Forester Gunns is to sell some of its softwood forests for AU$107 million (£69 million).
The sale to a US-based timber investment management organisation includes 46,000ha with pine trees in the Green Triangle region of South Australia, with Forester Gunns retaining some harvesting rights to the plantations.
It is understood that the deal is subject to the buyer securing finance and other customary approvals. Forester Gunns has declined to provide further details about the agreement or the buyer.
A PROPOSAL to keep Tasmania's native forests standing in exchange for billions in carbon credits has been rejected by the State Government, Liberal Opposition and Forestry Tasmania.
A SYDNEY carbon credits company thought to have been running some of the world's biggest offsets deals appears to be a fake, shifting paper certificates instead of saving forests and cutting greenhouse emissions.
Growing trees is nature’s way of absorbing carbon from the atmosphere. So most would assume that the forest industry would be front and centre of the government’s climate change policy. They’d be wrong.
The government’s carbon price to be introduced from July 2012 will rightly focus on the big emitters but will provide next to no incentives for growth in Australia’s sustainable forest industry – which absorbs and stores carbon from the atmosphere.
'This could really take off,'' said Ross Garnaut this week, releasing his latest update paper on Transforming Rural Land Use. ''This could be seriously big.''
