Article 6XA6S Half-yearly loss of almost $15m for NSW native forest logging shows industry future shaky, conservationists say

Half-yearly loss of almost $15m for NSW native forest logging shows industry future shaky, conservationists say

by
Lisa Cox Environment and climate correspondent
from Environment | The Guardian on (#6XA6S)

Former independent MP accuses division of throwing good money after bad only to see our native wildlife suffer'

The native forest logging division of the New South Wales government's forestry agency has posted a half-yearly loss of almost $15m, prompting renewed questions about the industry's economic viability.

The half-year report for 2024-25, tabled in the state's parliament last week, shows the hardwood forests division lost $14.9m, which is $9m more than the agency had projected - taking the division's total losses since 2020 to $87m.

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