Boral Timber's Wood Supply Agreements in North East NSWWood Supply Agreement • April 18th, 2016
Contract Type FiledApril 18th, 2016As an outcome of the 1998 Regional Forest Agreement for North East NSW, the NSW Government issued Wood Supply Agreements (WSAs) to all "quota" sawmillers for a total of commitment of 269,000m3 of large high quality sawlogs (incl. large veneer) per annum (p.a.) for 20 years until 2018 - at 124% of the Forestry Corporation's then estimated sustainable yield. Millers paid nothing for these extremely generous commitments from public forests. Boral received favourable species (notably 60% Blackbutt) and size commitments. Since then: