it's also called Coach wood...
Coachwood is a medium-sized hardwood tree found in the coastal rainforests of northern New South Wales and southern Queensland. The true wood of this species – not always clearly distinct from the sapwood – is a pale pink to pinkish-brown colour. The grain is usually straight, with a fine and even texture. Due to banding of soft tissue (parenchyma) in the wood, the timber is often highly figured on back-sawn surfaces. The wood has a distinctive ‘caramel’ odour – hence one of the species’ common names is Scented Satinwood.
Coachwood is only moderately durable, with a life expectancy of between five and seven years for in-ground and aboveground applications, respectively. Coachwood is not resistant to termites, and its untreated sapwood is susceptible to lyctid borer attack. The sapwood (but not heartwood) of this species is readily impregnated with preservatives.
Coachwood is moderately hard (rated 4 on a 6-class scale) in relation to indentation and ease of working with hand tools. The timber machines well to a smooth surface. It accepts standard fixings and fastenings but tends to split when nailing (pre-drilling is recommended). Coachwood glues well and readily accepts most coatings. Coachwood responds better to water- and spirit-based stains, than to oil-based equivalents.
Uses of coachwood timber are predominantly decorative, although it is used as a flooring material and for spars and masts in boatbuilding. Common applications include turnery, carving, interior fittings, sporting goods, furniture and cabinetwork. Coachwood is also found as a decorative veneer. Courtroom number three of the High Court of Australia is furnished with coachwood timber.
https://www.woodsolutions.com.au/wood-species/coachwood