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New National Park won't help koalas but will cost thousands of jobs, and $billions


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New National Park won’t help koalas but will cost thousands of jobs, and $billions
A flawed report commissioned by an anti-forestry group grossly underestimates the cost of closing down the NSW North Coast’s hardwood timber industry and fails to take into account the scientific evidence that the modest, regenerative timber harvesting operations in the State Forest have no impact on koala prevalence, the Australian Forest Products Association said today.
AFPA CEO Mr Ross Hampton said previous independent economic modelling of the impact of the so-called Great Koala National Park on the NSW North Coast found it would lead to a $757 million-a-year hit to the NSW economy and cut almost 2000 jobs, devastating communities across the region where the timber industry is a major employer. This conservative estimate by respected economic modeller Ernst & Young would amount to billions of dollars and thousands more down-stream jobs over the 15 years than the report ....

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