Kāinga Ora may be key to timber woes – Red Stag

Kāinga Ora may be key to timber woes – Red Stag
Paul McBeth
The government’s state housing provider Kāinga Ora may hold the key to easing the timber shortage on display in Carter Holt Harvey’s shock move to drop most of its customers last week.Red Stag chief executive Marty Verry – whose business operates the country’s biggest sawmill – said the wood processors are already stretched to capacity with the domestic building boom driving demand for building products. Similar situations abroad mean New Zealand can’t just import products to make up the shortfall.That d...

More Primary Sector

Rayonier exits NZ with $1.2b forestry sale
Primary Sector

Rayonier exits NZ with $1.2b forestry sale

An investment firm bought the stake, which included 116,145 hectares of forestry.

Wools of NZ reaches profitability
Primary Sector

Wools of NZ reaches profitability

A $1.4 million loss has turned into a profit.

Staff reporters 13 Mar 2025
Grasslanz Technology supreme winner at science awards
Primary Sector

Grasslanz Technology supreme winner at science awards

The company's ryegrass-protecting technology has an estimated economic value of $3.6b.

Staff reporters 13 Mar 2025
Fonterra's management reshuffled
Primary Sector

Fonterra's management reshuffled

Richard Allen has had his ingredients remit expanded.

Riley Kennedy 12 Mar 2025