Tasmanian FPA welcomes budget announcements

Friday 3 Sep 2021

Tasmanian Forest Products Association is looking forward to working closely with the state government and the minister to implement some important budget announcements that affect the forestry sector.

“Importantly the budget recognises the need for more on-island processing and value adding of forestry products that will support and deliver more jobs” said Tasmanian Forest Products CEO Nick Steel. “The new AU$10 million fund over five years will support our growing industry and regional communities by providing support for innovation and excellence in value adding”.

In addition, the budget provides:

- AU$1.15 million over three years to the Tasmanian Timber Promotions Board to promote the use of sustainable Tasmanian timber products across the world, and

- AU$150 000 over three years to address skills shortages and train the forestry industry leaders of tomorrow will allow the industry to continue to innovate and produce world leading timber products and resources on island.

Source: TFPA

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