The Albanese Labor Government is helping the forestry industry meet growing demand for domestically sourced sustainable timber, with more than $2.3 million announced today in the latest batch of plantation grants.
The Albanese Labor Government supports sustainable forestry, and is investing in forest industry innovation, manufacturing and skills.
The Government is delivering the most significant forest industry support package in Australia's history, including around $300 million to help improve the capacity and capability of the sector.
The Support Plantation Establishment program is providing grant funding to help establish up to 36,000 hectares of new long-rotation softwood and hardwood plantation forests across Australia.
The funds will support the establishment of 5 new plantations in New South Wales, Victoria, Western Australia and Tasmania.
The grant recipients will establish a mix of softwood and hardwood plantations totalling over 1,200 hectares.
These 5 new projects are in addition to 41 others worth $26.2 million. Total funding through the program now exceeds $28.5 million since the first grants were announced in 2023.
Approximately 15,000 hectares of new plantations have now been approved for establishment across the country.
Round three of the program is open for applications until 5 November 2025 with the government providing up to $2,000 per hectare of new long-rotation plantation forest established to eligible projects.
