Speeches

21
Mar

Heyfield timber mill

Speeches


MR RICH-PHILLIPS (South Eastern Metropolitan) — It is appropriate the minister mentioned being disingenuous in his answer, because that is exactly what he was in talking about a mill with 60 000 to 80 000 cubic metres still being the largest in Victoria while ignoring the issue of viability. Australian Sustainable Hardwoods has stated that the Heyfield mill, operating with only 60 000 to 80 000 cubic metres of timber, will incur annual losses of over $12 million per annum. Prior to floating a government takeover of the mill, what funding mechanism did the government identify to cover that deficit?
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