timber and forestry e news issue 328
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DESCRIPTIONWeekly news for the timber and forestry industries in Australia and New Zealand
1ISSUE 327 | PAGE
A QUEENSLAND timber merchant network is encouraging builders and the DIY market to use locally-grown and manufactured building materials, warning them against dodgy imports and the legal implications of non-compliance.
The Accredited Queensland Timber Merchant Network, launched in Brisbane last week, follows growing concerns over reports and predictions of deck collapses and other timber product failures.
We have valid concerns the building sector is receiving bad advice, is being told a timber species is suitable for certain applications when it is not, and
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ISSUE 328 | July 28, 2014
Cont P 2
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State plan: buy localMerchant network protects consumersagainst bad advice and dodgy imports
PAGE | ISSUE 3272
sometimes is sold a dodgy product, spokesman for the network Rod McInnes said.
Also, using Queensland-grown timber removes any risk of not complying with the federal Illegal Logging Prohibition Regulation that commences on November 30 this year.
Members of the network are promoting the advantages of using fit-for-purpose and true-to-label timber products grown and processed in Queensland from legally sourced logs grown in well managed forests.
This timber meets the high Australian standards so consumers can be confident it will deliver the best performance, Mr McInnes said.
They can rest assured that theyve bought the right product for the job when the Accredited Queensland Timber Product logo is featured on the packaging.
Responding to a market need for practical advice, all Accredited Queensland Timber Merchant Network staff receive training on the latest building regulations and technical aspects of timber application and use from Australias leading
timber experts.Mr McInnes said network
members were able to provide the right product and the right advice backed by highly sought-after technical data sheets produced by Timber Queensland that related to specific building jobs and projects.
Consumers can locate their closest Accredited Queensland Timber Merchant Network member by using the postcode search tool at www.buyqldtimber.com.au
They can also look for businesses that display the network member logo.
Founding network members include Bretts Home Timber & Hardware, Finlayson Timber & Hardware, Versace Timber, 5 Star Timbers, Gill & Co, Garde Timber and Wilsons Timber.
Responding to a marketneed for practical adviceFrom P 1
Rod McInnes .. valid concerns the building sector is receiving bad advice.
Timbercorp investors dig in on repaymentsINVESTORS in Timbercorp say they will fight increasingly unreasonable legal attempts to force them to repay money they borrowed to put into the failed forestry company.
A report in the Sydney Morning Herald says a first batch of 16 investors in managed investment schemes run by Timbercorp is expected to appear before the Victorian Supreme Court on August 15, and more are expected to be hauled before the courts in coming months.
Timbercorp liquidator KordaMentha is seeking orders that they repay loans they took out to finance their investment.
The Agriculture Growers Action Group said three of its members would be represented on the day by law firm Slater & Gordon.
We believe the supreme courts will not tolerate 3600 non-paying loan holders being served individually for amounts as low as $30,000, group chairman Neil White said in a letter to members.
It is a waste of court time and demands a mediation to achieve a settlement.
He said that KordaMentha was strangling members with high penalty interest bills, run up after the forestry schemes collapsed in 2009.
Investors who held out on
repaying their loans owe a total of about $515 million.
A KordaMentha spokesman said more than 4000 growers had accepted their obligations to pay back the money and hold-outs were rejecting substantial discounts offered on the face value of their loans.
Three court judgments have ruled against other growers attempts to avoid their responsibilities, he said.
The growers threatening more court action have also rejected offers of substantial discounts on their liabilities. Meanwhile, they are building substantial legal costs to add to their problems.
3ISSUE 327 | PAGE
INNOVATIVE forest manage-ment company SFM Environmental Solutions has been successful in obtaining funding for a major new project which will recover specialty underwater timbers, which were submerged during the creation of hydroelectric schemes in the past.
Hydrowood is a highly innovative project, which will utilise specialised equipment to recover standing timber underwater in lakes managed by Hydro Tasmania. It will provide access to a unique subset of Tasmanians highly-valued special timbers.
General manager Darryn Crook said SFM was delighted with the announcement and he was excited to be leading the innovative project.
As a Tasmanian company with extensive experience in forest management, harvesting and marketing, this project will allow SFM to expand its current business, while creating employment not only in the western region of Tasmania, but across the state, Mr Crook said.
The specialist equipment required to recover the timber will also be designed and developed in Tasmania.
Mr Crook said recovered or salvaged timber was a growing niche industry across the globe and with Tasmanias unique indigenous timbers this project would allow furniture makers, sawmillers and craftsmen to access exciting new markets.
SFM commenced a feasibility study in 2012 and with the assistance of historical images, anecdotal evidence and GIS
mapping, timber samples were extracted and found to be structurally sound and in commercial volumes.
The feasibility study for the project was assisted by funding from Hydro Tasmania and the Department of Economic Development.
Funding for the $5 million
project was approved by the Abbot Coalition government under the Tasmanian Jobs and
Growth Package. The project will create up to 20 full-time positions in the construction phase with an additional 40 downstream jobs as timber is extracted and processed.
SFM is a leading forest management company which has operated Australia-wide since 2001. It provides forestry management solutions to private, corporate and government entities.
SFM is certified under the Australian Forestry Standard and Forest Stewardship Council schemes.
$5m project approved by government
New federal funding will unlockunderwater timber in Tasmania
Hydro lakes .. giving up valuable submerged speciality timbers.
Salvaged wood a growing niche industry
Hidden value .. processed underwater timbers retain their peak condition and high value.
Project brings valuable specialty woods to the surface
PAGE | ISSUE 3274
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