AU$100 m for transition from old-growth logging

Friday 21 Jan 2022

The Victorian government late last year announced AU$100 million funding boost to workers and communities that may be affected by the planned phase-out of native forest logging, which is scheduled to begin in 2024 and be completed by 2030. The funding will be accompanied this year by new environmental standards for logging in native forests.

The funding is part of the Victorian Forestry Plan, which is designed to help the industry shift entirely to plantation timber by the end of the decade. “The timber industry is changing – this is why we have a substantial financial package ready to support workers and communities, as we move to a new timber future based around plantations,” said Minister for Agriculture Mary-Anne Thomas.

Source: SMH

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