Forestry companies shift focus to pine to meet demand for housingFriday 6 Jun 2025
The region grows a mix of softwood timber, primarily used in domestic construction, and hardwood, which is often exported as wood chips and used in paper manufacturing. But as Australia looks to meet its goal of building 1.2 million new homes by 2029, investment in softwood is growing fast. "Both the state and the federal governments have incentives in place for industry and private investors to grow radiata pine," University of Melbourne forest ecologist Rod Keenan said. More >> Source: ABC News | ||
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