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'
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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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