Re­new­able forestry ex­ports hit record highs

Warwick Daily News - South West Queensland Rural Weekly - - Top 5 Topics -

AUS­TRALIA’S re­new­able forestry sec­tor has reached new highs, with a record log har­vest up 10 per cent in

2016–17 to more than

33 mil­lion cu­bic me­tres, and a record $3.5 bil­lion in re­new­able wood prod­uct ex­ports, up 11 per cent.

As­sis­tant Min­is­ter for Agri­cul­ture and Wa­ter Re­sources, Anne Rus­ton, wel­comed the lat­est ABARES forestry statis­tics for the sec­ond half of 2017.

The data re­flects an in­crease from 2015-16 an­nual sales and ser­vice in­come of for­est prod­uct man­u­fac­tur­ing in­dus­tries worth $23.7 bil­lion.

“More and more, we are see­ing our for­est prod­ucts in­dus­tries boost­ing the well-be­ing of our re­gional towns and com­mu­ni­ties,” Min­is­ter Rus­ton said.

“These statis­tics re­flect con­fi­dence in the in­dus­try and con­fi­dence from our key ex­port mar­kets.”

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.