Coronavirus (COVID-19) update | Forestry and Farming band together!
Eastland Wood are working with our region's farming community who have extended an offer to help keep Tairāwhiti people in work. Check out this poster for more information!
Coronavirus and the forestry sector situation as of February 14, 2020:
- Now that the Chinese lunar New Year is officially over supply chain activity has picked up again in China as hoped but it is not a business-as-usual level of activity.
- The resumption of pre-coronavirus market conditions is likely to be gradual and take time. If the coronavirus spreads within China this recovery could rapidly reverse and become very serious for all exporters – growers and processors.
- The export activity represents a slow easing of pressure on the system and is influenced by existing commitments. The extent to which this is maintained or improves will be influenced by a number of factors that have still to resolve themselves including very high inventory levels on the Chinese ports, the approval of fresh lines of credit and what happens to prices which have already fallen.
- As is usually the case the corporates will all be maintaining a level of production that will reduce the impact on the workforce as much as possible. The reduced level of harvesting, however, is likely to be in place for some time.
- Woodlot owners and smaller forest owners have less ability to even out the market highs with the lows and thus be more likely to cease operations until more favourable market conditions return.
- The impact on the contractor workforce mirrors the variability in grower response - for some there are manageable reductions in activity; at the other end of the spectrum some are facing losses of jobs and/or businesses.
Business/Contractor Information Day - Impact of COVID-19
Waikanae Surf Club
Friday 14th February, 9am to 3pm
Are you, or do you know, a business or contractor who is being impacted by the current economic slowdown due to COVID-19?
A number of local organisations are coming together to offer information to businesses and discuss each unique situation.
Attendees can discuss the following with local specialists in;
- Employee Wellbeing – BDO, Safetree, Ministry of Social Development
- Accounting – BDO, Bain and Sheppard
- Finance – UDC, Crediflex
- Tax - IRD
- Mental Health - Pinnacle Health, Tohu Ora
- Legal - Nolans
- Forestry - Eastland Wood Council, Horticulture
- Potential employment options
The club will be open from 9am to 3pm upstairs. Refreshments and barbeque lunch will be provided.
Other supporting organisations include Chamber of Commerce, Eastland Group, Eastland Port, Forestry Industry Contractors Association, Gisborne District Council, Te Puni Kōkiri, Turanga Health, Trust Tairāwhiti.
Trust Tairāwhiti are coordinating this event. Please contact Wendy Gatley on 021 312 463 for additional information.