NSW timber business already facing bankruptcy

Friday 5 Apr 2024

 
The NSW timber industry is under pressure. Extended stop-work orders has led to significant financial losses for businesses, with some facing bankruptcy.

Ian Slater, a logging contractor with Iron Ore logging in Eden, said his family has worked in the timber industry on the NSW far south coast for three generations, but he struggles to see a future for his family business. The native forestry industry in New South Wales has come under growing scrutiny about its environmental impact amid efforts to ban the practice in line with some other states. 

Last year, the Environmental Protection Authority (EPA) issued a stop-work order in Tallaganda State Forest following the discovery of a dead greater glider, an endangered marsupial. The order lasted 160 days from August last year to early February 2024. Mr Slater said the closure put him out of pocket by tens of thousands of dollars.

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Source: ABC News

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