Forests in ferment
Article Abstract:
More and more of the forestry and timber business in Australia is being controlled by foreign companies. United States conglomerate Weyerhaeuser, and New Zealand-based Carter Holt Harvey are two of the international companies that have invested approximately $AS2 billion in the Australian forestry and timber industries in 1999 and 2000.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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Trees are growing but prices are not
Article Abstract:
A combination of environmental concerns and lobbying of governments in Australia has resulted in the development of tree farms with more native forest ready for cutting. The availability of timber, and the growing demand for it, would suggest an upcoming timber and forestry boom, but prices are dropping, and the future is uncertain.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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