The Plantation Incentives Strategy Direction Statement

The Plantation Incentives Strategy, a four year $9 million State Government initiative, announces a new direction of private forestry in Victoria, focusing on encouraging investment in larger scale plantations on land that will provide the most benefits to the grower and to the broader community. Previously, the private forestry program was aimed at encouraging small-scale farm based projects.

The Strategy announces a new emphasis for investment of public funds in private forestry and identifies three key roles for Government in private forestry to:

• manage barriers to investment decision making;
• generate systems that increase environmental services from commercial plantations;
• enable the industry and government to invest in research development and extension to pursue productivity gains.