AU$86 million timber plantation grants announcedFriday 25 Feb 2022 The Australian Forest Products Association (AFPA) has welcomed Prime Minister Scott Morrison’s announcement on Monday of a new Commonwealth-State Government program to leverage private sector investment in new timber plantations, which will help secure Australia’s future housing timber construction needs.Mr Hampton urged the state governments to work constructively with the Federal Government to ensure the program is a success and delivers the right trees in the right places. “This announcement is a necessary and welcome return to the successful Federal-State partnership model which drove the planting of almost one billion timber trees in the last century, but has stagnated for the past 30 years. We look forward to seeing further detail on the announcement and working with the Government to progress much needed production tree plantings in Australia,” Mr Hampton concluded. For further coverage on the announcement click here and here Source: AFPA, SMH |
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