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Category Archives: Uncategorized
Halfway to Cancun
Halfway through 2010 and Copenhagen seems a lifetime away, while Cancun is only around the corner. Despite popular media claims Copenhagen wasn’t such a total disaster as it is now portrayed. The credit for this must go to the BASIC … Continue reading
Timber Prices Rise in New Zealand
Due to a severe supply shortage and booming international demand for New Zealand pine, the cost of building timber will rise by up to 10% from next month. In its latest newsletter the Timber Industry Federation says that shortages are … Continue reading
Chavez meets Lula
Last week Venezuelan President Hugo Chavez arrived in Brasilia to meet his Brazilian counterpart President Luiz Inacio Lula da Silva. Lula and Chavez met ahead of the summit of the Union of South American Nations (UNASUR), which is to take … Continue reading
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Lula Champions Biofuel
Efforts to industrialise the Amazon region with initiatives such as the cultivation of palm oil for biofuel production and the planting of forestry plantations on degraded land have the added benefit of being championed by none other than the Brazilian … Continue reading
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Investing in Steel
Last year the Chinese government determined that it had over stimulated its sprawling economy with cheap credit and direct outlays. In a bid to curtail these activities the government is now upping the amount of funds that banks must hold … Continue reading
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New Zealand Cut Their Tree Planting Programme
In a move that has been called short sighted by the Farm Forestry Association, New Zealand’s government is planning to cut more than NZ$8 million from a fund designed to promote new tree planting. The announcement of the funding cut … Continue reading
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Pulp and Paper Crisis in Australia
A recently released report has found that the Australian pulp and paper industry is in danger of collapse with employment, investment and exports all falling. Roughly 19,000 people are employed by the $12 billion industry, which has been hard hit … Continue reading
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Super Fund boosted by Global Equity Markets
Last March the New Zealand Superannuation Fund made $679 million on its $14.88 billion of investment funds, which works out at a 4.29% paper return. The fund has achieved a $30.02 billion net gain, which is 22.27% for the 2009/2010 … Continue reading
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Forestry News From Australia
With the collapse of the largest two agribusiness companies last year in Australia the Australian Securities and Investments Commission has released a consultation paper called ‘Agribusiness Managed Investment Schemes: Improving Disclosure for Retail Investors’. This paper outlines a plan for … Continue reading
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Australia Sells Off Some of its Forests
The Queensland Greens reported that the State Government plans to sell off forestry assets will result in the loss of hundreds of jobs and put the economic and environmental future of the Gympie Region in jeopardy. Dr. Jim McDonald the … Continue reading
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