The Morrison Government will invest more than $86 million over five years to support the establishment of new plantations in Wannon to lock in future wood supply.
The Government will look to partner with the Victorian Government to deliver this through a grants program, backing in a key component of the National Forest Industries Plan.
Member for Wannon, Dan Tehan said that the forestry sector was a huge employer in the region and growing the plantation estate would ensure that continues.
“This program is about getting more trees in the ground and ensuring forest industries in Wannon have a long-term future,” said Mr Tehan.
“This is the largest direct investment of any Australian Government in plantation establishment for more than 30 years.
“We want to partner with the Victorian Government to grow this renewable, sustainable industry so that it can continue to create jobs in Wannon and deliver quality, Australian-made products to markets.
“This investment, made in partnership with states and territories and industry, will create jobs in Wannon, not just in the planting phase, but in 25- or 30-years’ time when that wood is harvested and processed into a truss or a timber frame.
“This investment is a clear indication that only a Morrison Government can be trusted to back in the future of the forestry sector in Wannon.
“We have worked together with industry to address the immediate and long-term challenges facing this sector and will continue to back them in every step of the way.
“I would encourage the Victorian Government to support our forestry sector and partner with our Government to deliver this program.”
For more information on the program visit: www.awe.gov.au/agriculture-land/forestry