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Half-yearly loss of almost $15m for NSW native forest logging shows industry future shaky, conservationists say

Former independent MP accuses division of throwing ‘good money after bad only to see our native wildlife suffer’Get our breaking news email, free app or daily news podcastThe native forest logging division of the New South Wales government’s forestry agency has posted a half-yearly loss of almost $15m, prompting renewed questions about the industry’s economic viability.The half-year report for 2024-25, tabled in the state’s parliament last week, shows the hardwood forests division lost $14.9m, which is $9m more than the agency had projected – taking the division’s total losses since 2020 to $87m.Sign up for Guardian Australia’s breaking news email Continue reading...

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