Strategic review of Forestry Tasmania announcedFriday 20 May 2011  The State Government today announced a strategic review of Forestry Tasmania to help the business adapt to the rapidly changing forest industry. The Premier and Treasurer, Lara Giddings, said tenders would be sought for organisations to undertake an independent review of the Government Business Enterprise and provide recommendations on potential future structures, governance and business models.“Forestry Tasmania is an integral part of our timber industry, which means that as the industry adapts to changes in world markets and forest practices, the business must also adapt for the future,” Ms Giddings said. Ms Giddings said the review would be run in parallel to the on-going discussions in the Statement of Principles process. “Regardless of whether agreement can be reached in the Statement of Principles process, we recognise that inevitable changes in the industry, driven by market forces, will have a significant impact on the current operations of Forestry Tasmania.” The Minister for Energy and Resources, Bryan Green, said the forest business had been exposed to significant international and domestic market volatility in recent years. “Forestry Tasmania operates in a very complex market and industry environment,” Mr Green said. “Over the past few years, Forestry Tasmania has been adversely affected by the large decline in the market for export pulpwood, exacerbated by the severe contraction in the Japanese economy and the recent strength of the Australian dollar. “This review is about ensuring that we have the best business model to deal with these challenges into the future. “Throughout this process, our focus will be on maintaining a strong and viable forest sector that maximises job opportunities for Tasmanians.” |
Copyright 2004-2025 © Innovatek Ltd. All rights reserved. |