Boom in forestry plantings in NSW

It was reported last week that forestry plantings in NSW have increased seven fold in just six years climbing from 3200 ha in 2000-01 to 23,350 ha in 2006-07. As in other States, the increase has largely come through large scale investment through managed investment schemes which have accounted for about 85% of the new areas planted. Nationally, the plantation estate in Australia has increased on average by 62,000 ha a year since 1994.


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