Support for bushfire-battered forest industries
Friday 26 Jun 2020
AFPA Chief Executive Officer Mr Ross Hampton said the support package will go a long way to helping forest product industries in NSW, Victoria and South Australia, which were devastated by the Black Summer bushfires and now face unprecedented long-term resource shortages. “We are pleased that the Federal Government has listened and responded to the crisis facing our industry as a result of the bushfires,” Mr Hampton said.
“The AU$40 million Forestry Recovery Fund will support timber processors facing significant, long-term reductions in log supply to retool and upgrade their mills, while the AU$10 million Salvage Log Storage Fund will boost mills’ capacity to process and store the short-term surplus in burnt logs, particularly in the NSW South West Slopes region where around 40 per cent of the softwood plantations were fire-damaged.”
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