Don’t be blindsided by the ‘forestry runs at a loss’ myth. Forestry delivers a lot, write Nick Steel and Michael Bailey. Much has been said about forestry and the contribution to the economy in recent times, but typically it is a one-eyed view that fails to look at the whole industry.
There did not appear a lot for Australia’s timber industry to get excited about in this week’s Federal Budget. Confirmation of $86 million to establish new timber plantations was of course welcome. But it was simply a repeat of an announcement made in February. The Australian Forest C