Stocks (assets)
Flows (benefits)

Volume of cultivated timber resources

Quality of environmental asset

Cultivated timber resources harvested

Cultivated timber resources harvested - monetary value

Units

Volume, e.g. cubic metres (m³)

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Data on annual production of timber resources in Australia, by forest type, log type and state or territory, are available in the latest version of Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) – Australian forest and wood products statistics. 

Site-specific measurements or model outputs

Units

Currency, e.g. A$

Example methods / guidance / references

What are tiers?

Tier 1

Multiply physical flow quantity by estimated monetary value per unit

Tier 2

Multiply physical flow quantity by estimated monetary value per unit

Tier 3

Multiply physical flow quantity by estimated monetary value per unit

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

See SEEA-CF, s. 5.8.4 for advice on methods for estimating the monetary value of the timber resource asset (as opposed to the value of the physical flow of natural inputs from the asset).

Units

Various

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Maps showing assessed commerciality of Australia’s native forest are available at the latest version of Australia’s State of the Forests Report. (e.g. see Australia’s State of the Forests Report 2018 – Australia’s native forest available and suitable for commercial wood production, 2016.

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Units

Volume, e.g. cubic metres (m³)

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

For example, methods for measuring volume of timber resources can be found in Abed and Stephens (2003), ‘Tree measurement manual for farm foresters‘.

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Maps showing the locations of Australian forests, by type, are available at Forests Australia – Forest maps (select Interactive maps of Australia’s forests – Forests of Australia).

Site-specific measurements or model outputs

Data on area of Australian cultivated timber resources are available in the latest version of Australian plantation statistics.

Notes

Work in progress - Feedback welcome