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Public benefit from Queensland’s private forest industry.

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Public Benefit from Queensland’s private forest industry Thursday, 9 September 2004

Private forestry in the Bundaberg region is set to soar thanks to a $700,000 Australian Government boost. Speaking in Bundaberg with Member for Hinkler Paul Neville, Australian Forestry and Conservation Minister Senator Ian Macdonald said the money would help the timber industry, which is increasingly relying on private property to compensate for a timber shortfall in Queensland. “This initiative will support the sustainable management of the State’s private native forests, which will not only benefit the timber industry, but also local communities and the environment,” Senator Macdonald said. The funding will be provided to Timber Queensland in a joint venture between itself and Agforce, and is the first step in the Howard Government’s Queensland Private Native Forest Initiative. Mr Neville said a pilot project at Eidsvold would help set up regionally based wood flow and harvesting models based on the latest, sustainable management practices. “The eyes of timber communities across Australia will be on Eidsvold and I am confident we can deliver a success story to be replicated across the state,” Mr Neville said. “The pilot project will increase understanding of the important role timber production can play in farm management and in supporting rural communities.” The project will benefit landowners in the Eidsvold region by: • assessing the private forest resource potential; • developing a self-sustaining system that can deliver a supply of timber to industry; • promoting the sustainable management of private native forests. “This will give landowners options for alternative supplementary income from the ability to sustainably harvest hardwoods from their properties,” Mr Neville said. “In the past many landowners have been unaware of the income potential from properly managed trees. This pilot project will help pave the

way for a diversified income stream from a renewable resource. “I am delighted this part of my electorate has been chosen by the Minister for the pilot project.”