NewsBite

Forestry

September

Withcott Seedlings has more than 22 hectares of protected nursery space for seedlings.

Heavy emitters targeted by $300m carbon credit fund

A new fund from UK-based Cibus will provide returns in the form of carbon credits, rather than dollars, focusing on gas producers and other big polluters.

Forestry deal boosts green fuel start-up’s $1.8b project

HAMR Energy plans to develop a $1.8 billion facility at Portland on Victoria’s west coast to power aviation and shipping.

Chlamydia accounts for as much as half of koala deaths across wild populations.

Sorry, Ken Henry. Timber workers, not Koalas, are endangered

Seemingly affable and pragmatic Chris Minns joins a line of Labor premiers who’ve sold out honest workers in a sustainable industry for green votes.

June

A native forest logging site in Wild Cattle Creek state forest in December, part of the assessment area for the Great Koala National Park.

The family ‘trauma’ behind Ken Henry’s views on native forest logging

The practice is a “dead parrot” costing the NSW budget $30 million a year. The former Treasury boss says it’s time to transition out.

Future Fund-backed OneFortyOne in mega forestry deal

The biggest forestry deal by an Australian-owned firm in a decade comes as the country prepares for the next home-building boom.

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January

Dutton was not being divisive by opposing the Voice

Readers’ letters on the opposition leader, campaign finance laws, Liberal Party preselections, climate change, Georgina Downer, Tasmanian forests, and smartphones.

Former senator Eric Abetz.

‘Swayed by extremist groups’: Abetz slams bank in ESG stoush

A dispute over ESG requirements has emerged in Tasmania after a forestry company claimed its financing from Bendigo and Adelaide Bank was knocked back on environmental concerns.

June 2024

The Redwood National and State Parks (RNSP) are located in the United States, along the coast of northern California.

Why we should embrace tall-tree tourism

Only 34 per cent of the world’s surviving forests are old-growth ones, and many are under threat. If California’s Redwood National Park is anything to go by, there is hope, however.

April 2024

Sequoia Lewien holds a mycorrhizal fungi extracted from soils in the east Otway region of Victoria.

Why Mike Cannon-Brookes invested in this mushroom

A tree-planting boom is required to get the world to net-zero, and the billionaire is betting mushrooms and fungi will be a crucial enabler

January 2024

Workers process a log at the Dwellingup Sawmill.

Timber workers remain in the dark on first day of WA forestry ban

The West Australian native forestry industry is bracing for more job losses as a historic decision by the state to ban commercial logging takes hold.

December 2023

Jay Branson, owner of the Dwellingup Sawmill, sitting among some of the last commercially harvested Jarrah logs in WA.

WA’s historic timber towns brace to be dead wood

Family-owned sawmills in Western Australia’s south-west were promised a future ahead of a state ban on native forestry, but say the transition has been bungled.

New Forest is one of the world’s largest timber plantations owner.

Green Bank, global investors pile into $450m forestry and ag raising

The CEFC has put $75m into a new forestry and landscape fund that intends to generate a chunk of its return from carbon and renewable energy.

October 2023

The 173,000 hectares being acquired by UniSuper and its partners is the biggest freehold land estate in Tasmania.

UniSuper buys former Gunns timber plantation in Tasmania

The superannuation giant, along with two European pension funds, will consider building wind farms after buying the biggest freehold land asset in the state.

September 2023

David Brand, founder of New Forests.

Meet the Aussies aiming to turn forests into a magic money tree

Forestry is a $156 billion asset class, and net-zero is turning it into a growth story. But the industry fears it will miss out unless it helps write the climate rule book.

August 2023

Labor has committed to revisiting the historic 1992 Keating government forestry platform.

Labor’s green lobby demands Productivity Commission forestry review

Concerns about declining plantations, species extinctions and a need to sequester carbon have rendered a multi-decade forest system outdated, says Labor’s green lobby.

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Old growth forest in Western Australia.

Careful harvest of native forests is key to carbon capture

There is no rational reason to shut down native forestry – and a big bonus in carbon sequestration.

February 2023

The so-called “green triangle” spanning South Australia and Victoria hosts sustainable forest investments.

Decarbonisation lures investors to sustainable forestry

The long-term investment fundamentals of forestry should ensure the asset class continues to shine in 2023, despite economic headwinds.

October 2022

Stafford Capital Partners chairman Brett Himbury can see the forest beyond the trees.

Forests turn a new leaf to emerge as a growth asset

Institutional investors are increasingly tipping money into timberland assets, either through pine plantations or environmental planting.

September 2022

Mark Rogers (left) and Bruce King at New Forests’ North Sydney offices.

$8.7b forestry manager turns to agriculture

Agriculture provides greater scope for growth than forestry, says New Forest Australia and New Zealand managing director Mark Rogers.

May 2022

Hume Forests, in southern NSW, has been owned by a Global Forest Partners fund since 2004.

Timberrrrrrrrrrr! Global Forests ready to unload NSW assets, Resolute hired

The forestry investment giant appears poised to harvest another big Australian asset, this time calling in advisers to sell some of its holdings in New South Wales. 

Original URL: https://www.afr.com/topic/forestry-1nr2