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Media Release

PFT Welcomes new forestry report.

A new report into the socio-economic impacts of the forest industry in Tasmania has been welcomed by Private Forests Tasmania.

Chief Executive of PFT, Penny Wells, said it was the first comprehensive report on the social and economic value of the forest industry in Tasmania in nearly a decade.

“The report by noted researcher Dr Jacki Schirmer is an important study of the significant real contribution the sector makes to the state,” Ms Wells said.

“It is extremely valuable as it provides important information on the sector as a whole, including the performance and broader positive impact of private forestry operations to our economy, especially for our regional and rural communities.

“The Socio-economic impacts of the forest industry: Tasmania report confirms that the private forests sector, in particular plantation forestry, now contributes more than half the harvested volume, and more than half the jobs in the forestry sector in Tasmania.

“It gives us reliable figures on the direct benefits of the industry as well as flow-on benefits to the wellbeing of local communities the sector supports.

“Importantly, it shows that the sector supports some 5,700 direct and indirect jobs locally and in 2015-16 contributed around $1.27 billion to the Tasmanian economy.

“In the following three years the forestry sector has continued to grow and expand social and economic benefits.

“The report is a valuable analysis of the direct and flow-on spending across the entire forest industry value chain,” she said.

Ms Wells said the report would help Private Forests Tasmania understand where it can best assist the industry to grow and maximise the contribution private forestry makes to jobs, productivity and our regions across Tasmania.

The Socio-economic impacts of the forest industry: Tasmania study was jointly funded by the Australian Government and Forest and Wood Products Australia and undertaken by a team from the University of Canberra and EconSearch, led by Dr Schirmer.

CLICK HERE to view media release in PDF format (133KB)

CLICK HERE to view Report on Forest and Wood Products Australia (FWPA) website.