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Forest industries to benefit from expanded R&D funding

Gippsland forestry research to drive further innovation

$12 7 million to support growth and innovation in Australia s forestry industry

Date Time $12.7 million to support growth and innovation in Australia’s forestry industry The Hon. David Littleproud MP, Minister for Agriculture, Drought and Emergency Management, Deputy Leader of the Nationals The Hon. Jonno Duniam, Assistant Minister for Forestry and Fisheries The funding includes $10 million for Regional Forestry Hubs, $1 million for a feasibility study into an Australia-wide National Institute for Forest Products Innovation and delivery of Plantation Development Concessional Loans. The Australian Government is providing $12.7 million in this Budget to support continued growth and innovation in Australia’s forestry industry. Minister for Agriculture, Drought and Emergency Management David Littleproud and Assistant Minister for Forestry and Fisheries Jonno Duniam said the investment would support existing and new Regional Forestry Hubs and improve the forestry industry’s research and development capacity.

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