Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Economy

John Lawrence: FT directors quit … and …

*Pic: The buck (should) stop here … Premier Will Hodgman with Forests Minister Paul Harriss …

TUESDAY February 2 …

• Mike Buky … Dear Friends of a Dying Lapoinya …

Last Wednesday, I entered the ‘Business Area’ and stopped work for barely 30 minutes before the Sergeant pictured below asked me to ‘move on’ or risk fine and arrest.

Calling the destruction depressing inadequately expresses the deep sadness I felt as hundred year old trees soaring into the canopy were brought crashing down with a shock that was felt a kilometre away.

Slow-growing, hence small but beautiful species such as myrtle that are a carpenter’s dream are not considered commercial so will be wood-chipped for Chinese paper mills. I even saw a Tasmanian Devil in the path of the bulldozers skittle out of the forest.

This was a living and breathing forest that, after fire bombing with napalm dropped by helicopters will be converted into a WWI wasteland – and for what? To keep a forest bureaucracy and forest contractors in taxpayer-subsidised employment. How in the 21st century can a developed country such as Australia, which is threatened environmentally from so many aspects, commit such an appalling act? When our local Liberal MP was told that there are nearby residents who would suffer from the smoke during the burning, she stated, ‘Well, they can always move away for three days’.

While the Tarkine and other World Heritage areas burn, instead of Forestry Tasmania helping to control the fires, they continue to destroy forests and add 700 tonnes of CO2 per hectare felled.

The logging in Lapoinya can still be stopped if enough people protest on the ground.

Drive 3km along Nelsons Rd (off Lapoinya Rd) and follow the signs to ‘Parking’ to find out how you can help.

Entering the ‘Business Area’ as I did does NOT incur a penalty as long as you leave as directed BUT it will stop work while you are there.

Regards,

Mike

• From the Bob Brown Foundation …

The Federal Minister for the Environment has washed his hands of the needless destruction of 49 hectares of the forest to feed Malaysian logging corporation Ta Ann’s veneer mill.

The first people arrested defending the Lapoinya Forest were two locals: a grandfather and a young mother who told me through tears that “they are destroying the soul of the Lapoinyan community”.

These were also the first arrests under the Hodgman government’s draconian anti-protest laws, specifically designed to stymy people from peacefully defending Tasmania’s forests and wildlife. Minister for Forests Paul Harriss’ bullying and counter-productive invasion of Lapoinya may not be unrelated to the resignation of Forestry Tasmania’s CEO and 3 board members this week. FT’s efforts to get green certification risk being scuttled by Harriss’ wanton destruction of this protected species’ habitat.

But the invasion of the Lapoinya Forest is far from over. I was arrested on Monday for making a stand with the local community. More arrests are occurring. But you can help save Lapoinya and all Tasmania’s life-filled forests too, without being arrested.

Please contact Prime Minister Malcolm Turnbull, or your nearest federal Coalition MP, and appeal for Lapoinya and its threatened forest and species. Let Tasmanian Premier Will Hodgman know what you think.

And please make a donation to our campaign for Tasmania’s beleaguered forests including this gem at Lapoinya: HERE

Thank you for making a stand with me for Lapoinya and the living Earth.

Bob Brown

The Japan Times: Tasmanian bush fires raze ancient World Heritage forests

SMH: ‘Like losing the thylacine’: Fire burns Tasmanian Wilderness World Heritage Area

CNN: Did ancient Egypt suffer from climate change? “(It was) a crucial period when the Old Kingdom started to face major critical factors: The rise of democracy, the horrific impact of nepotism and the role played by interest groups,” he says, adding that climate change also played a role in bringing an end to not only the Old Kingdom empire, but those in the Middle East and Western Europe at that time. Within 200 years of the Queen Mother’s death, the Nile no longer flooded and drought consumed the kingdom.

ABC: Tasmania fires: First images of World Heritage Area devastation emerge, show signs of ‘system collapse’

ABC iView: Earth On Fire: A Catalyst Special

MONDAY February 1 …

• FT directors quit …

They’ve all gone.

All Forestry Tasmania’s independent directors including chairman Bob Annells are heading for the exits.

Tony Ferrall, head of Treasury, is the sole remaining director of the Board which signed off last year’s Annual Report.

Directors come and go but Boards work best if there’s some continuity.

The three replacement directors are mainly from forestry academic backgrounds. Which is a little strange given that FT is chronically insolvent. Reconstruction and marketing skills might’ve been handy around the Board table?

Instead Minister Harriss has stacked the Board with forestry academics and is proceeding with his plan to sell immature hardwood plantations to cover operating expenses for the next 2 years so that it can concentrate on unprofitable native forest operations.

It does suggest the impotence of the Board given Mr Ferrall’s role as de facto Voluntary Administrator.

It also suggests the government may have a plan for FT after the hardwood plantation sale? It’s just that they’re not telling us….yet. That plan is less likely to include running FT as a business. Why else would you stack the Board with academics if you were going to restructure FT into a sustainable business as Messrs Harriss and Hodgman once promised?

Read more, FT directors quit, Tasfintalk HERE

• Are Forestry Tasmania’s losses even greater?

Assumptions of 80 to 90 year rotations in native forests formed the basis for estimating the future sustainable volumes that could be extracted from our public forests as part of the forest peace process.

It would be a pure coincidence if the sustainable rotations led to a sustainable FT.

If timber is sold with inadequate margins as FT does then it won’t be financially sustainable regardless of whether the forests are sustainable.

Yet FT claims logging a small poorly-managed production forests like Lapoinya after 60 years of regrowth yielding only 245 tonnes of timber per hectare is a profitable exercise.

It’s only profitable if a lot of costs are ignored.

When FT personnel talk about a coupe being profitable they are usually oblivious to the fact that from a strict accounting viewpoint, profits now accrue each year with changes in the value of trees brought to account

Harvesting a coupe is a cash realisation exercise not a profit making event. This is a crucial distinction which most fail to grasp.

The following is a discussion about the subjective assumptions that underpin the way FT values its forest estate which is the crucial determinant of whether FT is profitable.

Perhaps losses are even greater?

A slightly different set of assumptions would make FT irrevocably unsustainable as it currently operates.

Read more, Are Forestry Tasmania’s losses even greater, Tasfintalk HERE

image
Paul Harriss meets the Ta Ann locals on a trip to Malaysia …

• Ta Ann dossier …

This is a background note on the financial aspects of Forestry Tasmania’s (FT’s) major customer Ta Ann Tasmania, as the new FT Board contemplates its future.

With a lack of continuity on the Board and uncertainty whether FT management will relapse back to the unfortunates ways of the Kloeden/Gordon era, this is a quick summary for new FT directors of tawdry Ta Ann, its profit-shifting activities and how it operates as part of a group which dwarfs FT in size and profitability yet is funded by the Australian taxpayer and partly underwritten by an insolvent FT.

Read more, Ta Ann dossier, Tasfintalk HERE

Mercury Talking Point: … The loss of Bob Annells, who decided not to seek another term as FT chairman, needs to be viewed alongside the investor confidence trashing actions of Mr Harriss in revelling in an old-style “greens versus loggers” fight over a forestry coupe that no one thinks is particularly important, except the locals who live alongside it. Mr Annells is a highly experienced and politically savvy director with a strong track record in Victoria and Tasmania of understanding how government enterprises work. He has said nothing about his decision not to seek another term. Sometimes silence is the statement itself. Other directors who retired at the same time as Mr Annells include highly capable businessman Rob Woolley. The FT board has lost serious intellectual horsepower when it most needs it. What led to this untidy state of affairs? …

• Mike Bolan in Comments: 20 years ago Tasmania’s forestry leaders were being heavily buttered up, flown around the world and congratulated on their ‘world class’ operations by Nordic hustlers for pulp mills. Harriss, Lennon, Gay, Gray and others were all in the conga line for international strokes. Supporters of ‘industrial forestry’ became so enamoured of their own far-sighted brilliance that they ignored the obvious contradictions in attempting to profit by trashing trees that took decades to grow, converting them to undifferentiable woodchips and putting them onto declining international commodity markets. … Enter Paul Harriss whose frown, pursed lips and accusatory speech is backed by laws (not designed to punish ordinary Tasmanians) that punish ordinary Tasmanians. Could this be the face of our future? “Revenge of the Suckers”?

Examiner: Burned …

Mercury Talking Point: It’s a special place called home … It’s ludicrous and embarrassing on a global scale. We are not hippies or extremists chaining ourselves to trees. We are not even anti-logging, but we are against unsustainable logging such as clearfelling as proposed for the Lapoinya forest coupe. We are teachers, nurses, councillors, scientists, tourism operators, artists and the list goes on. We are everyday people who do not want to pay for the destruction of this forest, this habitat which many plants and animals call home …

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24 Comments

24 Comments

  1. Senator Janet Rice MR posted by Editor

    February 2, 2016 at 12:35 pm

    Greens push for 21st century vision for Australia’s native forests

    A year to the day that the first Regional Forest Agreement is due to expire, the Greens are calling for a comprehensive reassessment of how we manage native forests in Australia.

    “Regional Forest Agreements were meant to bring the forestry industry into the new century, but right now the native forest logging industry is operating like it did in the 19th and 20th Centuries,” said the Australian Greens spokesperson for forests Senator Janet Rice.

    “The past two decades have seen massive changes in our forest ecosystems, our climate and how we produce wood products.

    “We are seeing the impacts of these changes right now, with communities across the country forced to cope with the destruction of their backyards through logging, increased risk of bushfires and dwindling populations of forest wildlife.

    “The native forest logging industry has had 20 years to bring itself into the new century. With more than 85% of Australia’s wood products now coming from plantation sources, there is no reason to wait any longer.”

    The East Gippsland Regional Forest Agreement, which came into effect 19 years ago in February 1997, was the first of ten such federal-state agreements.

    A critical part of the agreements is that they exempt the native forest logging industry from our national environment and conservation laws.

    “Animals like the Leadbeater’s Possum and the Swift Parrot are on the brink of extinction because of habitat loss. But the impacts of logging their habitat doesn’t have to be assessed under the Environment Protection and Biodiversity Conservation Act,” said Senator Rice.

    “We need to complete the shift of logging out of native forests, and while any logging continues it must be subject to our national environment laws. Not even the mining industry benefits from such broad exemptions and there’s no reason this outdated industry should either.

    “The government must not make the mistake of rolling over these agreements,” concluded Senator Janet Rice.

  2. Robin Charles Halton

    February 2, 2016 at 3:35 am

    #14 Ted, you want to be careful about my personal aging prospects as I hope to be able to still swing a chainsaw when I am 80 years of age and cut my own firewood on public land and frighten off any bastard who tries to stop me.

    Parts of the Tarkine that contain high quality hardwood must remain as State forest for production purposes.

    An example would be the tracts of high quality wet forest regrowth established in the Huskinson Valley by APPM Ltd during the late 1970’s till mid 1980’s after the removal of the over mature, mainly obliqua old growth for sawlog and pulp for the Burnie mills.

    #15 Jack Lumber, agree its a painful process for well meaning technical foresters like ourselves and those still serving within FT’s ranks putting up with Ta Ann’s rampant politicised antics.

    Unless Ta Ann agree to start progressively using plantation wood which is readily available instead of mangling our future high quality regrowth resource they should be told to walk away in shame.

    As I have already stated earlier it a renewed Forestry Board want to be prepared to be savvy about FT’s future prospects to maintain a dignified outcome for our forests then the overly politicised Ta Ann issue has to be addressed, eventually!

    A general hint for Mr Harriss to first clean up the politics and then allow FT to manage their regrowth forests on a SUSTAINABLE basis, closer to the scheduled cutting cycle of 90 year and not 55-60 years as it it currently slipping into.

  3. Karl Stevens

    February 2, 2016 at 12:41 am

    jack lumber. I had no idea your were on the Donald Trumpet Campaign Trail.
    I think Trumpet could put an end to the Forest Wars after taking-out Kim Jon-Un in a limited nuclear exchange. Possibly only Anchorage and Seattle would be destroyed and rebuilding them would be an economic boost for the entire US economy.

    jack why aren’t forest regeneration burns carried out on a GPS ‘rotation chequerboard’ pattern covering the entire production forest estate of Tasmania? One decade all the red squares are logged and burned and the next decade all the white squares are nuked.

    This would put Tasmania ‘on the map’ from the International Space Station and Kim Jon-Un and Donald Trumpet could play chess on Tasmania using tall trees carved into realistic chess pieces by that chainsaw genius from Scottsdale.

    Ta Ann could play Mah-jong with Paul Harriss on the same game board. Why hasn’t this been work shopped by Forestry Tasmania?

  4. George Smiley

    February 2, 2016 at 12:10 am

    That’s georgesmileyblog.blogspot.com
    Thanks
    GS

  5. john hayward

    February 1, 2016 at 11:52 pm

    Not all of FT’s innumerable faults were blunders. The Land Swap appears to have been a world class scam that saw roughly $200m worth of State Forest timber surreptitiously handed in freehold to FT at no cost and sold by them for peanuts.

    John Hayward

  6. Simon Warriner

    February 1, 2016 at 11:49 pm

    I acknowledge the possibility raised by jack Lumber, but while we await an answer to the that, am I alone in noticing an absence of comment from the Labs on this matter or has it just passed me by while I have been out of the room?

    If Jack is right then it is understandable, if not then it is surprising Lab are not hammering the loss of those board members for all they are worth, unless they know the reason and it does not put them in a very good light either.

  7. mike seabrook

    February 1, 2016 at 6:39 pm

    what is the difference

    selling timber/wood for less than cutting down and transport costs

    selling power to the aluminium smelter and the zinc works at less than cost

    are all the board members of hydro tas and forestry tas mathematically illiterate

    economics tasmania style

    and then there is tas rail

  8. jack lumber

    February 1, 2016 at 5:20 pm

    re 16 Karl I have to acknowledge your vision and wit 🙂 serious…. I haven’t laughed so much in a long time …. now where is my laundry basket I need to caucus a possible leader ….sorry currently in Iowa USA

  9. Karl Stevens

    February 1, 2016 at 4:08 pm

    jack lumber 15. Good point, maybe all the Forestry Tasmania board positions become vacant at the same time. That would enable a ‘clean slate’ for the Grand Master of the ‘Creationist Foresters Lodge of Tasmania’ to install a sockpuppet board.
    I think I have covered the relevant ‘conspiracy theories’ involved in an FT board regeneration burn?

  10. jack lumber

    February 1, 2016 at 12:42 pm

    Just to ask the obvious , was it possible that the chair and 3 directors of FT , where not able to be re elected . I don’t know so lets find out …. rather than the sensational Sh!t that there is some sort of stampede . If there is an issue lets base it on facts rather than the hysteria which is already in 2016 reaching new levels on TT

    How will this hysteria be sustained , time will tell ( borrowed that one from Frank )

    The matter of sawlogs from regrowth and the transition out of mature forest has been a sad and sorry tale . many can remember a transition strategy in the 1990 , the arrival of briggs , the departure of briggs veneer at brighton and the steadfast bullying by the old guard sawmillers . well at least that quota did prove to be of some value when they received compensation .

    “Ta Ann should publically commit to
    1 a % of intake from plantation based logs by 2020 and if they cant then they should walk maway from Tasmania and with it the last of the sawmilling in the Southern Forests .”

    That is like the cold war ,the flowerdale coupe is a pawn in a bigger picture ( for all parties ) . Can we stop calling it that “L” term as it is hype and BS

    Karl I took the time to look at the IFA web site and I note there are a number of directors . Any thoughts on those or do you chose to ignore reality just like yor take on FSC

  11. Ted Mead

    February 1, 2016 at 11:07 am

    #13 Robin – You don’t really expect Bob Annells to come out and spill the beans knowing very well it would be the end of any future government appointments for him!

    Insofar as TaAnn goes they have inherited the rule from where Gunns left off.

    If you don’t have a crystal ball next to your rocking chair then here’s a reality check for you!

    FT will probably only survive as far as the next election given Harriss’s dogma to keep it operationally afloat! Then another agency, not a corporation will be established to oversee or (mis)manage the forests for the motherland of TaAnn enterprises???

    The sawlog industry will continue to be in decline, not necessarily because of the markets, or the meddling greens in “your opinion”. What you will see is more sawmills being marginalised or closed. This is exactly what happened with Gunns as they progressively controlled forestry operations.

    TaAnn’s modus operandi is probably no different except that it appears to have all the influential players it needs behind them.

    Here’s something else to inflame your ulcers and bad dreams – Come 2026 if you are still alive, and the planet for that note, TaAnn will have, and will get whatever they want because Tasmania’s native forests will be stitched up under such control either politically or contractually. A rubber stamp for TaAnn’s future native forest resource extraction is a sure bet.

    Plantations will dominate the Tasmanian export market, but that will become ever more competitive on a global scale.

    An ultimately and inevitably the greater Tarkine region will be a World Heritage Area.

    Time for you to take a sedative and ponder on all of that!!!!!

  12. Robin Charles Halton

    February 1, 2016 at 4:56 am

    #11 Greg James, the public deserved to be informed. Annells cannot walk away in a huff without explanation, the government needs to release the details for public information.

    I do suspect the FT contract for peelers with foreign owned company Ta Ann has something to do with the problem for the directors who cannot see good business practices with the current contractual arrangements.

    In my opinion the contract for peelers is far to generous having FT to provide the roading for the extraction routes.

    May I suggest that when current contracts for peelers and sawlogs are to be renewed in 2026/27, that any further contractual arrangements after that date with FT should reflect sustainable management of forest resources well as a profitable business model for FT.

    Urging Ta Ann out of native forests eventually into plantations managed at current levels is another issue. that must be addressed leading up to 2026/27.

    If Ta Ann were to invest in their own tailored plantations for peeler products similar to Norske Skog managing their own plantations then there might be a reason to support Ta Anns requirements on public land as well beyond 2026/27.

    I suspect that suitable peeler resource issues from native forests versus the longer growing high quality sawlog resource will be the clincher by 2026/27. How much remains on SF.

    There is no guarantee that dependence on future high quality sawlog supplies from pruned nitens which was grown predominantly for pulpwood on State Forest.
    From what I can understand sawmillers would have to retool their machinery to cope with the practice of sawing plantation logs!

    From what I can forsee FT requires a pretty flexible and understanding Board familar with forest management to carry through to 2026/27 as coping the effects on the overall forest resource also requires the expense of upkeep to stem wildfire activity with FT staff/ silvicultural contractors as the trusty front line operators.

    There is no doubt the Greens would welcome the collapse of FT taking with it current levels of employment in the forest industry based on native forests.

    This must not be allowed to occur under any circumstances by a responsible State Government as nobody should want to see more unemployment and social disruption arising especially in rural areas.

    In the meantime a suitable Board of Directors need to prepare for 2026/27 determinations within the forest industry as a reasonable objective to work to!

  13. Pete Godfrey

    January 31, 2016 at 5:00 pm

    Maybe others can think of more reasons but the things I can think of that would cause the directors of FT to jump ship and swim are.
    1 FT is going to be bankrupt soon and they don’t want to be at the helm and blamed for the shipwreck.
    2 They did not like the political interference and being told how to run the sheltered workshop.
    3 They wanted to do a proper job and found that they were not allowed to.
    Are there any other examples of mass resignations from organisations like them except for Gunns that is.

  14. Greg James

    January 31, 2016 at 3:45 pm

    It is worth commenting on the silence of the FT Directors who have recently resigned. If they resigned for fiduciary reasons, i.e. the inability of FT to pay their debts when demanded, then surely they have a duty to alert the shareholders and creditors. The fact that they have said nothing would indicate that they expect a reward for being silent in further directorships or payouts for being silent.

    I cannot see any positive motives towards shareholders and creditors in being silent. The facts as we know them are that Annells and the other directors resigned en mass and they must have done so for a reason. I see breaches of fiduciary duty here unless they publicly explain. Directors inherit a responsibility for their actions while being a director and can be held responsible for debts and trading incurred when they fail to alert the appropriate people, most especially ongoing creditors and that can include employees, suppliers and shareholders.

    All I see here is that Annells et al know of a problem and are being silent about it …

  15. Karl Stevens

    January 31, 2016 at 3:09 pm

    Chris 8. Your right it’s a beautiful narrative. …

    A friend mentioned recently that an ex-Tasmanian premier has an aversion to legitimate business activities and prefers a more covert environment. I suspect something similar applies to Senator Abetz’s spiritual beliefs. Just ‘do unto others’ is far too mundane for some and the human reproductive system must be included in any form of religious practice.

    I may lobby Ta Ann to fund the first study tour to Mecca for Senator Abetz and Paul Harriss.

  16. Simon Warriner

    January 31, 2016 at 2:14 pm

    Mike Bolan has neatly encapsulated what happens when you allow your government to be run by a party comprised of individuals whose first political act is a demonstration of their inability to understand the dangers posed by conflicted interests to sound governance and their every subsequent act has been a reinforcement of that demonstration . Harris has gone on to demonstrate even further the stupidity of repetition of that mistake.

    If we want this rolling cluster fuck to end, we will need to actively work against the present political structure in an organised manner and educate Tasmanian voters about the presence of conflicted interest in party politics and the dangers it poses. We will need to advocate vigorously for them to vote in ways that minimise that conflicted interest. If we do that there is a possibility that things might just improve. On the other hand we can do nothing and watch the cluster fuck roll on, destroying opportunity, effort and enthusiasm as it has always done, while the perpetrators spend their sponsors money convincing the voters that if only they just trust a little more things will get better “with us in charge”.

  17. Chris

    January 31, 2016 at 2:06 pm

    RE #4
    Karl have you forgotten the Exclusive Brethren that was an Abetz favourite too and the Mercury, if I am not mistaken, ran an article on one of their supporters during one of our elections which had, I believe, a Liberal backroom boy arranging the printing, who is now no longer in Howard’s Office,Tasmanian Liberal Party office and the Victorian Liberal Party Office, but rather examining his finances and his restricted future.

  18. Karl Stevens

    January 31, 2016 at 1:07 pm

    Mike Bolan. The current director of the Institute of Foresters AU was the Managing Director of Jaakko Pöyry Australia for 10 years up until 2006.
    http://www.forestry.org.au/about/ifa-board-of-directors
    Below him on the page is an ex-Forestry Tasmania CEO who would have supplied wood chips to the Pöyry mill from public forests had the Gunns Lead Zeppelin got off the ground.
    The most comforting thing about the IFA is they occupy the social chamber of FSC-AU.
    That leaves the economic chamber to people who just exploit forests.

  19. Mike Bolan

    January 31, 2016 at 11:50 am

    20 years ago Tasmania’s forestry leaders were being heavily buttered up, flown around the world and congratulated on their ‘world class’ operations by Nordic hustlers for pulp mills. Harriss, Lennon, Gay, Gray and others were all in the conga line for international strokes.
    Supporters of ‘industrial forestry’ became so enamoured of their own far-sighted brilliance that they ignored the obvious contradictions in attempting to profit by trashing trees that took decades to grow, converting them to undifferentiable woodchips and putting them onto declining international commodity markets.
    When they realised that pulp mills and chips looked like winners when all risks and unknown costs were ignored, they rushed to embrace the ‘benefits only’ view, even hiring a Scandinavian pulp mill supplier to officially ‘approve’ their fantasy.
    Sadly, international bankers and investors didn’t use the ‘benefits only’ approach to risk, and the entire proposition collapsed of its own weight of hubris and predictable losses.
    This left many forest industry figures without a source of ego strokes – worse a shortage of funds. People think ‘buyers remorse’ is bad. Imagine how much worse to spruik a world beating modern project like a pulp mill, only to have it (and the timber giant) collapse in ignominy.
    Who to blame?
    Enter Paul Harriss whose frown, pursed lips and accusatory speech is backed by laws (not designed to punish ordinary Tasmanians) that punish ordinary Tasmanians.
    Could this be the face of our future? “Revenge of the Suckers”?

  20. John Biggs

    January 31, 2016 at 11:22 am

  21. Karl Stevens

    January 31, 2016 at 11:20 am

    Thanks John Lawrence for the ‘Ta Ann Dossier’.
    At least we don’t have to worry about FT supporting ‘religious extremism’ because as any Malaysian will tell you they already are an ‘Islamic State’.
    They have religious taxes called Zakat (tithing) and use a combination of Sharia Law (syariah) as well as common law.
    I can’t understand why Eric Abetz would be promoting this culture so passionately but maybe he has recently converted to Islam?
    Naturally, Paul Harriss wouldn’t know if Ta Ann was from Sarawak or Azerbaijan as long as FT has somebody to give trees to at a loss.

  22. Ted Mead

    January 31, 2016 at 10:33 am

    Also – has anyone noticed recently the amount of log trucks heading north from the Southern forests laden with low grade logs ( Forest residues)

    The Libs have obviously ramped up the logging of native forests.
    These logs can only be going to Artec, who must be getting them for well below costs delivered to their doorstep?????

    It has been speculated that our forests are now exported to China to feed boilers.

    If Gunns couldn’t make a go of woodchips any more then how can another company unless they are virtually getting paid to grind and export our native forests to oblivion????

  23. Ted Mead

    January 31, 2016 at 10:22 am

    It appears this is to be the last roll of the dice for FT – flogging off the last of the family silver whilst they trade as insolvent.

    The question begs as to who will buy these immature hardwood plantations if the market seems uncertain. Obviously they will be pawned off at bargain basement prices just to keep the gravy train afloat for another year or so!

    John also raises the question as to why FT has put no value on the land where public forests grow. One has to be realistically cynical that FT will suddenly re-evaluate this land as a financial asset in the forthcoming year as to ledger that they have more assets than losses.

    No wonder even the pro-forestry directors are deserting a sinking ship!!!!!!!

  24. George Smiley

    January 31, 2016 at 8:12 am

    Extract from Logging the Tarkine: Lapoinya; A Spcial Australia Day edition …

    at http://georgesmileyblog.blogspot.com.au/

    “And so in the Lapoinya coupe there are virtually no desirable mill logs yet and there may never be. Some might be stockpiled as such and FT can tot up the contribution to their legislated quota even while it breaks up and rots away unwanted on the landings and the brash know-nothing Paul Harriss can hold forth and probably replace the Forestry people who did know something and walked away in disgust.”

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