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Pages tagged "losses"


IPART identify NSW pays to provide timber to mills, necessitating a rethink of logging

Posted on Media Releases by Dailan Pugh · December 17, 2024 8:44 AM

MEDIA RELEASE 17 December 2024

The pressure is growing on the NSW Government to stop logging of public native forests since the Independent Pricing and Regulatory Tribunal (IPART) identified that part of the problem is that the Forestry Corporation is not even covering the costs of cutting down the trees and delivering them to mills, leading IPART to highlight the growing costs to taxpayers when compared to alternative uses for native forests such as for tourism and carbon sequestration, and urging the Government to review the long-term feasibility of native timber harvesting.

“The Government needs to heed the advice of IPART that there are concerns about native forestry in NSW due to impacts on the environment and threatened species, climate change impacts and its economic viability, making it essential they review the long-term feasibility of native timber harvesting” NEFA spokesperson Dailan Pugh said.

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Forestry losses double to $29 million last year

Posted on Media Releases by Dailan Pugh · December 15, 2024 12:00 PM

MEDIA RELEASE 14 December 2024

In response to the Forestry Corporation posting a loss of $29 million on its hardwood logging operations last year, almost double their loss of $15 million the previous year, the North East Forest Alliance is again calling for an immediate end to the logging of public native forests.

The logging of public native forests is an economic basket case, costing taxpayers a fortune to pay to degrade a public asset and drive numerous species towards extinction, said NEFA spokesperson Dailan Pugh.

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