Environment
Good research
Mike Bolan
Good research. Forestry gets around $250 million each year in subsidies, free or below market resources, publicly funded infrastructures, no cost water for plantation and so on. Gunns posts a profit of around $70 million which means that forestry only costs us $190 million. If we get 3,420 jobs that’s $55,500 per job. This doesn’t seem like a very efficient industry for creating jobs. How do those industries under threat from forestry (e.g. tourism, fine foods, recreation and food production) stack up? Read more, Comment here