Under the Tasmanian Forest Industry Development Program (TFIDP), the Australian Government has provided $42 million to assist the Tasmanian native timber industry to adjust to changes in forest resources arising from the Tasmanian Community Forest Agreement. Specifically, the program contributed financial assistance for 62 projects that have improved sawlog utilisation rates, added value to Tasmanian forest resources, developed new products, upgraded harvesting equipment, promoted exports, and maintained and created long-term employment.
These 62 projects have contributed over $160 million of new investment across the harvesting, processing and value adding sectors of the native hardwood industry.
An additional $4 million was committed specifically for country sawmillers under the Tasmanian Country Sawmills Assistance Program and $10 million for the softwood sector under the Tasmanian Softwood Industry Development Program.
The guidelines below provide more detailed information about the program.
The program has now closed.