The Albanese Labor Government is today opening applications for the third round of the $74 million Support Plantation Establishment program.
Farm foresters, First Nations businesses and the forestry industry are among those who will benefit from funding to support more plantation forests in Australia.
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 Government will provide up to $2,000 per hectare of new long-rotation plantation forest established.
To date, rounds one and two of the program have awarded over $15 million to 27 projects across Australia that will establish over 8,200 hectares of new plantations.
Round three is open for applications from today 11 October 2024 to 5 November 2025.
Changes to the program have been made for round 3 following widespread stakeholder consultation.
Grants will range from 1 to 3 years, and projects must be concluded no later than 30 June 2027. Further information about the program's requirements can be found in the Grant Opportunity Guidelines.