I did not know there had been plantation trials for growing an African Mahogany tree species but yet here we are….in the Northern Territory and dating back to the 1950’s…..

http://www.nt.gov.au/d/Content/File/p/General/811.pdf

Apparently the seeds are a source of oil for domestic uses like food cooking, the leaves are a source of edible protein , the timber for a multitude of usages ( less surprising) and anecdotely the bark has traditionally aided in controlling fevers.

They are also growing a lot of Indian sandalwood.

There’s also large plantations of teak in the Northern Territory and Queensland. A local plant tissue culture laboratory in my area grows some massive number yearly for them.

And I didn’t know until today that teak is in the Lamiaceae family, which is the family that has lots of lovely smelling and tasting plants like mint, basil, rosemary, oregano (oh how I love the Lamiaceae family).
Nor did I know that it is termite resistant and good for ship building, docks and bridges.
Or this- Teak has traditionally been used in southeast Asia for medicine, commonly for its astringent and diuretic properties and against swelling. Its traditional use for diabetes has been supported by laboratory tests in which extracts of the bark have been shown to lower insulin resistance in mice.
Go teak!

They are a popular tree around Darwin as they grow quickly, large and provide good shade.

Unfortunately they also have a shallow root system and regularly fall over during the high winds of the Wet Season + dropping the odd limb. They have been responsible for a couple of deaths on the last few years.

Most of the Teak and Mahogany plantations in FNQ were knocked out in Larry and Yasi. Most of those plantations have been returned to sugar or banana production. These types of trees are a very high risk proposition in cyclone prone areas.

Teleost said:

Most of the Teak and Mahogany plantations in FNQ were knocked out in Larry and Yasi. Most of those plantations have been returned to sugar or banana production. These types of trees are a very high risk proposition in cyclone prone areas.

One did remain long enough to take out a stray golfer?

the GFC knocked out the viability of tree plantations

wookiemeister said:

the GFC knocked out the viability of tree plantations

?

wookiemeister said:

the GFC knocked out the viability of tree plantations

Tax changes I think you will find was responsible for that.

AwesomeO said:

wookiemeister said:

the GFC knocked out the viability of tree plantations

Tax changes I think you will find was responsible for that.

Not even. The viability of tree plantations far exceed tax dodges.

AwesomeO said:

wookiemeister said:

the GFC knocked out the viability of tree plantations

Tax changes I think you will find was responsible for that.

http://www.abc.net.au/pm/content/2010/s2909123.htm

wookiemeister said:

AwesomeO said:

wookiemeister said:

the GFC knocked out the viability of tree plantations

Tax changes I think you will find was responsible for that.

http://www.abc.net.au/pm/content/2010/s2909123.htm

I raise you http://www.smh.com.au/business/australias-biggest-scam-comes-crashing-down-20090512-b14t.html

AwesomeO said:

wookiemeister said:

AwesomeO said:

Tax changes I think you will find was responsible for that.

http://www.abc.net.au/pm/content/2010/s2909123.htm

I raise you http://www.smh.com.au/business/australias-biggest-scam-comes-crashing-down-20090512-b14t.html

people were using it to minimise their tax

wookiemeister said:

AwesomeO said:

wookiemeister said:

http://www.abc.net.au/pm/content/2010/s2909123.htm

I raise you http://www.smh.com.au/business/australias-biggest-scam-comes-crashing-down-20090512-b14t.html

people were using it to minimise their tax

or so they thought.

I very nearly invested in a tree plantation, it was recommended by a senior officer. This was in the eighties, the other hot investment was emu and alpaca farms.

it was the collapse of the MIS that affected plantation investments. it has improved with carbon sequestration though.

AwesomeO said:

I very nearly invested in a tree plantation, it was recommended by a senior officer. This was in the eighties, the other hot investment was emu and alpaca farms.

He wasn’t a very cluey senior.

Look you could have invested in any of those things if you had done the research yourself.

with most of these tax schemes you need to get in early and get out early. emus were ok for a while, like deer.

ChrispenEvan said:

it was the collapse of the MIS that affected plantation investments. it has improved with carbon sequestration though.

The investment possibility has never lessened.

ChrispenEvan said:

with most of these tax schemes you need to get in early and get out early. emus were ok for a while, like deer.

even in and out early, you aren’t looking after your environment very well. only your paper money.

The better thing about emus is that they are never a feral.

roughbarked said:

AwesomeO said:

I very nearly invested in a tree plantation, it was recommended by a senior officer. This was in the eighties, the other hot investment was emu and alpaca farms.

He wasn’t a very cluey senior.

Look you could have invested in any of those things if you had done the research yourself.

I did some research and didn’t invest. It all looked good but the tax guy said I wouldn’t really get that much of a break compared to the investment and risk. Equation didn’t work.

AwesomeO said:

roughbarked said:

AwesomeO said:

I very nearly invested in a tree plantation, it was recommended by a senior officer. This was in the eighties, the other hot investment was emu and alpaca farms.

He wasn’t a very cluey senior.

Look you could have invested in any of those things if you had done the research yourself.

I did some research and didn’t invest. It all looked good but the tax guy said I wouldn’t really get that much of a break compared to the investment and risk. Equation didn’t work.

and of course, research paid off.

African mahogany is an appealingly lustrous dark gold timber, quite different from Honduras mahogany.

Bubblecar said:

African mahogany is an appealingly lustrous dark gold timber, quite different from Honduras mahogany.

Much prized, yes.

My harp is mostly made of African mahogany.

Bubblecar said:

My harp is mostly made of African mahogany.

!http://i72.photobucket.com/albums/i199/bubcar9/Arp4.jpg

Beautiful.

Hey ms skipper

hi.

Todays NT News

Get rid of all African mahoganies: expert