Support for Tasmanian Forestry 1997-98 to 2007-08

Attributed Authors: Dr. Graeme Wells, Wells Economic Analysis Published: May 2009

The Tasmanian forestry industries has received more than A$630 million in direct and indirect subsidies from 1997 to 2008. The study also found that despite the huge taxpayer funded subsides, which were intended to create jobs, that there have been steady job losses over the same period.  The authors advocate a commercially-based industry, and that Forestry Tasmania deliver a commercial rate of return.

Tags: timber subsidies Tasmania Australia
Coverage:
Australia
Tasmania
Industry:
Forestry