In many regions of Australia, private landholders are planting trees for commercial harvest and to improve active management of their land. This involves decisions on species, growth rates, harvested products, yield, and the effect of management on financial returns. This report describes the capabilities of the Farm Forestry Toolbox version 5. The Toolbox is a CD-based tool to assist landholders and extension to manage woodlots and tree yield. The Farm Forestry Toolbox version 5 includes new easy-to-use features, plus growth and yield models for a wide range of species that are applicable to a wide range of regions of Australia.