Federal government's timber funding announcement welcomed, but industry says more commitments needed
ABCThe construction industry is welcoming the federal government's commitment to growing more timber amid supply shortages, but the forestry sector remains tentative. Key points: Industry groups are waiting to hear if the major political parties in SA will match the funding The funding is intended to make up 40 per cent of the cost of projects, with states and the private sector expected to contribute The SA Forest Products Association says water allocations on the Limestone Coast will need to be examined A building boom during the COVID-19 pandemic saw Australia grappling with a major shortage of construction timber. Plan welcomed About 12 per cent of Australia's softwood timber is grown in the Green Triangle, in SA's south-east. "We do need them to have a seat at the table and have already flagged it with them," SA Forest Products Association chief executive Nathan Paine said. Additional trees would need to be factored into the water allocation plan for the Limestone Coast region, which will be reviewed next year Mr Paine said it was the next step.
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