Source: The Mercury, 2 September, 1996, p.5

Record income
from logs this year

Political Reporter

FORESTRY Tasmania will
earn record levels of income
from saw and veneer logs this

   Forests Minister John
Beswick said yesterday logs
sold be tender had returned
40% above last year's royalty,
which represented a $240,000
boost to revenue.

   "The results show
businesses which understand
the cyclical nature of demand
in the forest industry are
looking beyond the present
downturn and are confident in
the future of solid-wood
products," he said.

   The sawlog tender system,
which had been in operation
for up to five years, was a
major outcome of Tasmania's
1991 Forests and Forest
Industry Strategy.

   "The document is a blueprint
for the future management of
conservation and working
forests and is supported by
both major political parties in
the state," Mr Beswick said.

   The annual inviting of
tenders provided part of a
competitive market for Crown
saw and veneer logs.

   The tender system had been
initiated in 1992 following
consultation with industry
representatives to find the
fairest and most practical
approach and was consistent
with nationwide competition

   Mr Beswick said Forestry
Tasmania had sold by tender
more than 240,000 cubic
metres of eucalypt saw and
veneer logs since 1992.

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