Major Forestry company has its certification suspended

Major Forestry company has its certification suspended

One of New Zealand’s largest forestry companies has had its certification suspended over slash damage in and around Tolaga Bay. Ernslaw One, an Oregon Group company owned by the Malaysian-based Tiong family, and its subsidiary Winstone Pulp International undertake...
Australia set to fall 200,000 homes short of target

Australia set to fall 200,000 homes short of target

Australia is set to commence construction on little more than a million new homes over the next five years, almost 200,000 short of the Australian government’s target, stated Housing Industry Association (HIA) Senior Economist, Tom Devitt.  HIA has released its...
The home depot fourth quarter and fiscal 2023 results

The home depot fourth quarter and fiscal 2023 results

The World’s largest home improvement retailer, The Home Depot has reported it fourth quarter and fiscal 2023 results. Sales for the fourth quarter of fiscal 2023 were $34.8 billion, which is a decrease of 2.9 per cent from the fourth quarter of fiscal 2022. Comparable...
Slowed housing demands sees timber stockpiling nationwide

Slowed housing demands sees timber stockpiling nationwide

Australian Forest Products Association New South Wales Chief Executive James Jooste says there is a steady build-up of timber in timber yards across Australia, due to the lack of progress around the country towards making housing targets. Timberbiz reported that the...