Question On Notice No. 1124 asked in the Legislative Council on 22 November 2022 by Hon Dr Steve Thomas
Question Directed to the: Minister for Forestry
Parliament: 41 Session: 1
Question
I refer to your answer to my question without notice asked on 15 November 2022, and I ask, what is the amount each of the 24 individual forestry businesses have been approved to receive under the Business Transition Program in part 3 of my question from 15 November 2022?
Answered on 14 February 2023
The 24 individual forestry businesses received a total of $22,911,960 under the Business Transition Programs, Program 1.
Payments to each business under this program have been calculated based on eligible Forest Products Commission base-contract volumes.
For each of the sawmills, payment was calculated at $180 per tonne of sawlog and $35 per tonne of other bole volume and 50% volume at $180 per tonne and 50% volume at $35 per tonne for whole bole log.
For each of the harvest or haulage companies, the payment includes a base restructure payment for each eligible business and an additional variable payment calculated at $35 per tonne of other bole volume for harvest or haulage businesses with other bole volume contracts.
The Business Transition Programs also includes additional funding for:
a. Program 2: Statutory Redundancy Reimbursement.
b. Program 3: Site Clean-up, Decommissioning or Equipment Reimbursement Payment.