Expectation that a funding boost for our wood processing sector will target New Zealand's slash problem.

A new $57 million government fund aims to process logs onshore, move the industry from volume to value and create high wage jobs.

It's estimated the fund will see up to $650 million more Gross Domestic Product over its lifetime.

Federated Farmers Forestry Spokesperson Toby Williams told Mike Hosking there's opportunity in the domestic wood-processing sector.

He says any investment needs to go into solving the slash problems they have.

LISTEN ABOVE

Expectation that a funding boost for our wood processing sector will target New Zealand's slash problem.
A new $57 million government fund aims to process logs onshore, move the industry from volume to value and create high wage jobs.
It's estimated the fund will see up to $650 million more Gross Domestic Product over its lifetime.
Federated Farmers Forestry Spokesperson Toby Williams told Mike Hosking there's opportunity in the domestic wood-processing sector.
He says any investment needs to go into solving the slash problems they have.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.