Business / Environment

Big changes looming for forestry sector

08:26 am on 26 October 2021

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Major changes are looming for the forestry sector as the deluge of raw log exports fades amid dwindling supplies and demands increase from the building industry and other users.

An industry report by investment house Forsyth Barr suggests the mainstay of the industry, log exports, will peak and drop by more than a third within a decade.

Business reporter Nona Pelletier has this report.