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

The New South Wales government's forestry division has reported a $15 million loss over half a year, raising concerns about its viability. Contributing factors include higher land management costs, lower timber production due to weather issues, and new regulations. Conservation groups argue this spells doom for native forests and wildlife, calling for sustainable practices like supporting softwood plantations. Meanwhile, the forestry corporation remains profitable, using earnings to fund community programs, despite the hard division's losses. The government is advancing an action plan to stabilize the industry while balancing environmental goals.