The logging industry has been on massive welfare payments for years, despite it claiming it is profitable. Our taxes pay to have our forests destroyed.
The industry is a dead loss in many ways.
The logging industry has been on massive welfare payments for years, despite it claiming it is profitable. Our taxes pay to have our forests destroyed.
The industry is a dead loss in many ways.
Victoria’s Central Highlands’ forests would potentially generate more income for the state if they were permanently preserved to store carbon rather than logged, according to a major study. A detailed analysis using a United Nations’ system of environmental and economic accounting concludes the net economic contribution from forestry in the area is relatively minor compared to the contribution to the state’s water supply, tourism …
Mother Nature dealt a 17m ‘Monster wave’ to the Eden woodchip mill’s loading facilities and jetty on 5th June. The east coast low that delivered this hit could be defined as an ‘Act of God’ meaning there might be no insurance payout. Two massive chunks were taken out of the jetty, the pylons gone and …
Environmental organisation, Friends of the Earth has raised concerns regarding the logging and sale of plantation land in the Fernbank region. The bluegum plantations were established between 2005 and 2009 by Macquarie Bank in conjunction with Midway Plantations. The plantations were planted largely to meet the demands of a new Bleached Pulp Facility at Maryvale. …
East Gippsland was the first region to have its forests signed away under the appalling logging industry ‘free-for-all’ called the Regional Forest Agreements (RFAs). Its life of 20 years is about to expire next year and MUST NOT be rolled over for another 2 decades of legally exempt pillaging. Many reports have shown it was …
On Wednesday this week, the National Parks Association of NSW (NPA) launched a new report entitled Regional Forest Agreements in NSW. Have they achieved their aims? In short, the answer is no, far from it, writes Dr Ois√≠n Sweeney. REGIONAL FOREST Agreements (RFAs) are deals between the Commonwealth and State governments that allow for logging in public native forests. There …
An economic analysis by The Australia Institute claims that native forest logging in NSW lost $79 million over the last seven years, but could be making a $40 million yearly profit if left standing and allowed access to the Federal Government’s Emissions Reduction Fund (ERF). The Nature Conservation Council (NCC) and the National Parks Association …
Logging of native forests has cost NSW taxpayers $78 million over the past six years for a declining industry that is also a primary risk for the state’s rising number of threatened species, according to a report by The Australia Institute. The losses have been clocked up by the hardwood unit of the Forestry Corporation …
Maintenance workers at Australian Paper’s Maryvale mill in the Latrobe Valley have agreed to a wage freeze and a four-day week as part of a new workplace agreement. About 160 workers have voted to accept the deal, after more than a year of negotiations. Mark Nelson from Australian Paper said the wage cuts would save …
View invoice (PDF) here Opening VicForests 2014 – 2015 Annual Report, the corporation’s chairman, Gordon Davies, makes the proud assertion that “These results have enabled us to pay increasing dividends to the Government, providing a financial return to the people of Victoria in addition to all of the social benefits the native timber industry provides”. This is reinforced …
VicForests is crowing that this 2014/15 year, it made a profit of $4.68 million. And for the first time in eight years, a dividend of $765 000 was paid to the people of Victoria via the Treasurer and VicForests is still thinking about paying last year’s owed dividend of $1.5 million. Whether we’ll see …
