ID :
196861
Sun, 07/24/2011 - 14:28
Auther :
Shortlink :
https://oananews.org//node/196861
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$276m Tas forestry deal struck
The Tasmanian and federal governments have reached a preliminary $276 million agreement to restructure the state's forestry industry.
The commonwealth will fund the implementation of the statement of principles signed last year by environmentalists, unions and inudstry representatives.
The sector has been ailing in recent years with mill closures, low export volumes and timber company Gunns' exit from native forestry.
After spending two days in Tasmania, Prime Minister Julia Gillard announced a heads of agreement had been signed between the state and federal governments, to be finalised in a formal inter-governmental agreement within the next two weeks.
The agreement announced on Sunday includes the protection of at least 430,000ha of native forests, an $85 million exit package for timber and forestry workers, as well as $120 million over the next 15 years to diversify the regional Tasmanian economy.
The commonwealth will fund the implementation of the statement of principles signed last year by environmentalists, unions and inudstry representatives.
The sector has been ailing in recent years with mill closures, low export volumes and timber company Gunns' exit from native forestry.
After spending two days in Tasmania, Prime Minister Julia Gillard announced a heads of agreement had been signed between the state and federal governments, to be finalised in a formal inter-governmental agreement within the next two weeks.
The agreement announced on Sunday includes the protection of at least 430,000ha of native forests, an $85 million exit package for timber and forestry workers, as well as $120 million over the next 15 years to diversify the regional Tasmanian economy.
