FOMS leading the way; working safer and smarter in 2016

Press Release – FOMS

Like many in the forestry sector, FOMS recently found themselves having less than comfortable conversations with the government regulator Worksafe. These events combined with staff support and the Health and Safety Reform Bill (passed December 2015), … Read more »

Small cost in removing carbon subsidy for big emitters:NZIER

Article – BusinessDesk

Feb. 5 (BusinessDesk) – Removing the current subsidy for heavy emitters of greenhouse gases from the emissions trading scheme would impose “a small cost on the economy as a whole” and would be more heavily borne by the agricultural and extractive … Read more »

Good Progress – But More Work to Do to Make Forestry Safe

Press Release – Forest Industry Safety Council

A reduction in deaths and serious injuries in forestry since 2013 is encouraging but there is more work to be done yet, the Forest Industry Safety Council (FISC) says. Read more »

Good Progress – But More Work to Do to Make Forestry Safe

Press Release – Forest Industry Safety Council

A reduction in deaths and serious injuries in forestry since 2013 is encouraging but there is more work to be done yet, the Forest Industry Safety Council (FISC) says. Read more »

Forestry show NZ way to better safety

Press Release – Business Leaders’ Health and Safety Forum

A sharp drop in forestry deaths and serious injuries after a massive safety overhaul in 2014 shows what can be achieved when an industry joins together to make improvements, the Business Leaders’ Health and Safety Forum says. Read more »

Rubicon director Hugh Fletcher buys on share price slump

Article – BusinessDesk

Jan. 27 (BusinessDesk) – Rubicon director Hugh Fletcher, who once headed up conglomerate Fletcher Challenge before it was broken up, has used the recent slump in the biotech firm’s share price to buy stock on market. Read more »

Export log prices jump on low shipping rates, weak kiwi

Article – BusinessDesk

Jan. 25 (BusinessDesk) – New Zealand export log prices jumped higher this month, as falling oil prices pushed down shipping rates while a decline in the kiwi dollar made the country’s goods more attractive to overseas buyers. Read more »

Industry Challenged by new forest technology

Press Release – Innovatek

The tables are being turned on foresters and logging contractors in British Columbia. Disruptive technology from New Zealand is set to create a whole new way of logging in B.C.s forests. When meeting challenges to safely harvest NZs steep sloped … Read more »

Oji’s Pan Pac forestry unit to invest $23M to expand Milburn

Article – BusinessDesk

Jan. 15 (BusinessDesk) – The New Zealand forestry unit of Japan’s Oji Group plans to invest $23 million to consolidate and expand capacity at its sawmilling and drying facilities in Otago. Read more »

NZ commodity producers had ‘a year to forget’ in 2015

Article – BusinessDesk

Jan. 12 (BusinessDesk) – Commodity producers had “a year to forget” in 2015, with many products falling below the cost of production although there are signs things might start picking up, according to ANZ Bank New Zealand, the country’s … Read more »

NZ commodity prices fall 1.8% in December; down 13% in 2015

Article – BusinessDesk

Jan. 12 (BusinessDesk) – New Zealand commodity prices slid 1.8 percent in December, taking the annual decline to 13 percent, amid weak demand in global markets. Read more »

Forestry’s Importance Recognised

Press Release – NZ Institute of Forestry

The New Zealand Institute of Forestry (NZIF) is pleased to note the recognition of the importance of forestry within the New Year Honours list. Andrew McEwen, immediate past president of NZIF received an Officer of the New Zealand Order of Merit for … Read more »

Greenheart NZ to buy Northland Forest Managers for $1.5M

Article – BusinessDesk

Jan. 8 (BusinessDesk) – Greenheart Group has signed a conditional deal to buy Northland Forest Managers (1995) for $1.5 million as the Hong Kong-listed owner of Northland’s Mangakahia forestry estate looks to expand its New Zealand interests. Read more »

El Nino seen abating

Article – BusinessDesk

El Nino seen abating but NZ primary sector not out of the woods given size of event Read more »

Bad to best: all because of steep slope innovations

Press Release – Innovatek

New Zealand forestry has gone from a bad performer to being one of the best, and John Stulen says this is because of the new innovations in steep slope harvesting. Read more »

NZ export log prices jump to 9-month high; slowdown looms

Article – BusinessDesk

Dec. 21 (BusinessDesk) – New Zealand export log prices jumped to a nine-month high amid steady inventories and stronger demand from China, the country’s largest market. Read more »

Rubicon’s Arborgen to appeal US$53M employment court ruling

Article – BusinessDesk

Dec. 16 (BusinessDesk) – Rubicon, the NZX-listed forestry biotech company, says it will vigorously appeal a US$53 million ruling in favour of nine former employees of its part-owned seedling company ArborGen. Read more »

Kaingaroa Timberlands profit rescued by foreign exchange

Article – BusinessDesk

Dec. 16 (BusinessDesk) – Kaingaroa Timberlands, the nation’s biggest forestry business, posted a 37 percent gain in full-year profit as a foreign exchange gain more than made up for a drop in international log prices. Read more »

CORRECT: NZ dairy exports to surge by 2017 after weaker 2016

Article – BusinessDesk

Dec. 15 (BusinessDesk) – New Zealand dairy exports are forecast to surge in 2017, after falling in the current year when gains in meat, wool, forestry, seafood and horticultural products are expected to drive a 5.3 percent increase in the value … Read more »

RBNZ says 2%-14% of dairy loans may default

Article – BusinessDesk

Dec. 15 (BusinessDesk) – The Reserve Bank has estimated the cash-flow shortfall for the average dairy farmer is likely to be more than $1 per kilogram of milk solids this season and that banks could see defaults on between 2 and 14 percent of dairy … Read more »

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