Tasmania’s Forestry Contractor Resilience Program has been extended to January next year in response to the impact of CoVid-19. Source: Timberbiz
The decision follows a meeting between the Australian Forest Contractors’ Association and Tasmania’s Resources Minister Guy Barnett on Wednesday when it became apparent that the impact of the pandemic is still yet to be fully felt by the industry.
This follows news in recent days of uncertainty for forestry contracting businesses that are expected to face significantly reduced production quotas against contracted volumes over the coming months.
The reduced quotas are likely to result in forestry contracting businesses facing serious financial implications, with high fixed costs and equipment finance commitments that will still need to be met. In addition, there is a serious concern around the possible loss of skilled employees that will be devastating for regional areas in the current climate.
Mr Barnett said both the Australian and Tasmanian Governments had also announced stimulus packages, many of which can be accessed by forestry companies.
Tasmania’s forestry contractors can apply under the $500,000 Forestry Contractor Resilience Program for funding to improve their business practices, which is being delivered through Rural Business Tasmania.
Under the program, Tasmanian forestry harvest and haulage contractors have the opportunity to work with specialists in business and financial management to identify future opportunities and build stability and resilience into their operations.
Eligible applicants will receive five hours of professional business coaching and may also be eligible for up to $15,000 to deliver agreed business improvements.
The Program’s guidelines and application form are available from Rural Business Tasmania at www.ruralbusinesstasmania.org.au
AFCA is currently working with members and industry stakeholders to gain a better understanding of the situation and the direct impacts. We will be seeking to work with parties to support members during these difficult times and identify opportunities and assistance as appropriate. AFCA is also looking to further engage with both state and commonwealth governments as the situation unfolds.
The Forestry Contractor Resilience Program will assist in providing support to forestry contracting businesses and members during this difficult period along with other possible measures currently being considered by AFCA.
