FWPA Releases 2024/25 Annual Report: A Year of Growth

Friday 21 Nov 2025

 
Forest & Wood Products Australia (FWPA) has published its 2024/25 annual report, showcasing a year of progress, innovation, and strong partnerships across Australia’s forest and wood products sector.

Released ahead of the 2025 Annual General Meeting on 19 November, the report highlights FWPA’s continued commitment to driving a sustainable, competitive, and future-focused industry through research, development and engagement.

A Year Defined by Progress and Partnership

Collaboration was a defining theme of the 2024/25 financial year. The Annual Report highlights the many ways FWPA has worked with industry, government, and research partners to deliver tangible outcomes. As a full value-chain industry services company, FWPA is uniquely positioned to facilitate collaboration across the sector for shared benefit.

Through formal advisory committees, working groups, and direct engagement with members, FWPA ensures that industry priorities are reflected in research and development, as well as marketing services. This collaborative approach underpins the improvement in member-perceived value for money and will remain central to FWPA’s work in the years ahead.

Key highlights from the past financial year include:
  • Signing of a new 10-year Statutory Funding Agreement with the Department of Agriculture, Fisheries and Forestry, securing a decade of certainty for industry-backed and government-supported RD&E investment.
  • +6% increase in member perceived value for money of FWPA membership - a significant increase on last year.
  • $8.75 million approved for seven new grower research projects guided by the Growers’ Research Advisory Committee.
  • Establishment of the Softwood Manufacturers Advisory Committee to represent processor interests and guide RD&E investment priorities.
  • Two new industry standards published to increase the breadth of applications for timber in the built environment, with a focus on grading recycled timber for visual and structural applications.
  • 96 million impressions of The Ultimate Renewable consumer campaign - an 80% increase on the previous year. This is the first year of the always-on multi-channel campaign which extracts better value from our marketing spend through more specific targeting of influential consumer segments.
  • Delivered a modest financial surplus reflecting prudent management of member levy funds and other revenue sources.
  • Launched the enhanced FWPA Data Dashboard, including aggregated data from 122 industry contributors. The new platform brings together key industry and market data in one place to assist strategic investment decision-making.
FWPA Chair, Craig Taylor writes, "FWPA continues to focus on identifying and supporting research that delivers clear benefits to industry. Strengthening the connection between research activity and on-the-ground outcomes remains a key priority, with an emphasis on collaboration, practical application and alignment with the sector’s evolving needs.”

Our funding partnership with the Commonwealth Government and their ongoing support through the Department of Agriculture, Fisheries and Forestry, along with levy and voluntary contributions from the forest and wood products industry, has enabled the delivery of an expanding program of activities and industry services in a challenging economic environment.”

FWPA Chief Executive Officer, Andrew Leighton reflects, “The progress made in 2024/25 across engagement, program delivery and national collaboration reflects our commitment to supporting a stronger, more-resilient forest and wood products sector.”

Download the FWPA Annual Report here to learn more about how FWPA programs have helped to drive sustainable growth across the forest and wood products industry.

Source & image credit: FWPA


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