Agriculture Minister David Littleproud has announced a new $20 million-dollar tree planting program aimed at growing a billion new plantation trees.
The Federal Government says the move is aimed at ensuring Australia’s renewable timber and wood-fibre industry were better prepared for future challenges and opportunities.
Mr Littleproud says the goal is clear.
“A key theme which came up during consultation was Australia will need to plant a billion new trees over the next decade to meet demand in 2050, particularly sawlogs for building and construction.”
Assistant Minister for Agriculture Senator Richard Colbeck says as well as underpinning growth in industry, the plan will provide industry with the certainty.
“Only through investing in the future can the forestry industry continue to build on its achievements to secure the economic and social wellbeing of Australia.”
“We will also continue to negotiate and implement improved 20-year rolling Regional Forest Agreements with relevant state governments.”
“The plan will also support sustainable access to native forests to supply highly valued appearance grade wood products such as flooring, stair treads, furniture, boat building and architectural veneers and features.”
Senator Colbeck says the plan also offers huge opportunities for Indigenous employment.
“We will be working with interested Indigenous communities to unlock potential timber supply and deliver economic returns to landholders.”