Syncarpia hillii

Syncarpia hillii is a tree of the family Myrtaceae which grows on K'gari (Fraser Island), Queensland, and the surrounding Cooloola area. Common names for this species are satinay and Fraser Island turpentine. Large examples of this tree may be seen growing at the 'Central Station' picnic area on Fraser Island. A small plot of these trees has also been found on Moreton Island growing in a gully behind Mt Tempest. The tree can grow to 40 metres tall, and the trunk may reach one metre in diameter. It has been long regarded as a very valuable timber resource, being particularly useful for marine pylons. It is fire and termite resistant. However, supply is limited. Satinay timber was used as mooring posts in the Suez Canal. Resin from the sap has proven useful in treating chronic ulcers. The Aboriginal word for this species is "peebang". Rollo Petrie, grandson of Tom Petrie, who grew up on K'gari and learned the language of the forest, calls it the peebang tree in his memoir, Early Days on......read more on Wikipedia.