Is Victoria’s native forestry industry worth it at $5 million a job?
The viability of Victoria’s government-owned native forestry business has been thrown into doubt by a high-level analysis concluding it takes more than $5 million of investment in roads, machinery and equipment to create a single timber job. A confidential report by accounting firm PricewaterhouseCoopers warns VicForests is “not generating an appropriate return” to meet its stated objectives, including maximising its contribution to the …