South East and Central Queensland is set to benefit from $900,000 new Australian Government funding to support growth in its forest industries.
Minister for Agriculture and Northern Australia David Littleproud said the Australian Government’s investment in the Regional Forestry Hubs was a show of faith in our forest industries and the benefits that they deliver for regional communities and the Australian economy.
“The Australian Government is providing more than $10.6 million over 4 years for existing Regional Forestry Hubs and the establishment of two new hubs in Eden NSW, and the Northern Territory,” Minister Littleproud said.
“We are committed to delivering positive outcomes for the industry Australia-wide and are backing those who rely on the productivity of the sector every step of the way.
“South East and Central Queensland is a key forestry area with strong potential for growth and innovation, with skilled forestry workers, transport routes and processing plants.”
Member for Capricornia Michelle Landry said that growing the plantation estate takes time and this funding demonstrates the Australian Government’s commitment to long-term, sustainable investment in forestry in South East and Central Queensland.
“This new funding will secure the future of our forestry hub and its important work with industry, state and local governments, key stakeholders and the community,” Ms Landry said.
“It builds upon the $1 million of funding the hub received when established in 2019.
“The hub is assessing production forestry resources, processing capacity and infrastructure needs and limitations and finding ways to support innovation and growth in our region.
“There is an opportunity for the region to explore options for product value adding as it has existing softwood and hardwood processing capabilities.”