‘Bad deal for taxpayers’: huge losses from NSW forest logging, reports reveal

Former MP astonished that taxpayers are ‘literally paying’ to cut down forests sustaining koalas and greater gliders and providing clean drinking water

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Two reports revealing the extent of financial losses from native forest logging in New South Wales raise questions about the economic viability of the industry.

The state government’s forestry corporation “consistently made a loss” by paying contractors more for harvesting and haulage than it earned from delivery of timber to sawmills, a NSW Independent Pricing and Review Tribunal (Ipart) report found.

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