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Date PostedNovember 16, 2015

Value of Pine Trees Soars

pine trees

Source: Ab.net.au

Record low interest rates and the rise in housing construction are pushing up the price of pine trees in Australia, the nation’s largest foresty investment company, New Forest, recently revealed.

According to a report by the federal government, housing construction is 17 per cent higher and this has boosted general log harvesting by 8 per cent. This means that 27 million metric tonnes of pine is being harvested.

Low interest rates have boosted construction and when people are buying and building new houses, they buy lumber to build and renovate, which means the demand for timber is higher, New Forest’s chief executive officer, David Brand explained.

Source: http://www.abc.net.au/news/2015-11-12/australian-pine-trees-more-valuable-with-increased-construction/6934478

Steven Asnicar is regarded as a leader across many fields of industry. In particular, his specialisation across the health, infrastructure, construction, resource and utility sectors has seen him successfully change the dynamics of these industries through the introduction of new strategic, marketing, training and technical frameworks. Steven works closely with industry peak bodies such as Safework Australia, Australian Logistics Council, National Advisory for Tertiary Education, Skills and Employment (NATESE) and the Council of Australian Governments in the development of new delivery standards and industry specific programs.

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