The effects of clear-felling and slash removal on the distribution of organic matter and nutrients, fluxes of mineral N, and soil water and temperature were studied in a 37-year-old Pinusradiata D. Don plantation, on a sandy Podzol in southeastern Australia. Slash, litter, and the top 30 cm of soil combined contained 1957 kg N•ha−1, of which slash and litter contained 12 and 25%, respectively. Therefore, loss of slash and litter due to burning or other intensive site preparation practices would substantially reduce the N capital at the site. During the first 18 months after clear-felling, soil water content in the clear-felled area was up to 50% higher than in the uncut plantation, but there were only minor differences in soil temperature. Slash removal decreased the water content of litter, but had little effect on the water content or temperature of the soil. In the uncut plantation, N mineralized in litter and soil was completely taken up by the trees. Following clear-felling, rates of N mineralization increased in litter after 4 months, and in soil after 12 months, but changes were less pronounced with slash removal. After clear-felling, increased mineralization and the absence of trees (no uptake) led to increased concentrations of mineral N in both litter and soil, 64–76% of which was leached below the 30 cm soil depth prior to replanting. Despite leaching, concentrations of mineral N after clear-felling remained higher than those in the uncut plantation for at least 3 years.