VicForests to close 30 June 2024

Friday 15 Mar 2024

State-owned logging business VicForests will cease to exist from June 30 this year. It is the first time a decision on VicForests' future has been revealed, after the Victorian government deregistered it as a state business corporation in September last year, removing the requirement for it to be commercially focused.

The development comes after native forest logging ended in Victoria on January 1 and VicForests' management of community forestry, including the harvesting of wind-thrown timber, ended on February 5. 

It is not yet clear what will happen to VicForests employees or the wider sector. Community and Public Sector Union (CPSU) industrial organiser Kassey Dickie said today's announcement would result in job losses for some members.

More >>

Source: ABC News

Please Note: VicForests has released a follow up statement (posted below).

Share |

Copyright 2004-2024 © Innovatek Ltd. All rights reserved.