In this regard, Green and her colleagues emphasize that, "The corporate wealth of logging giant Gunns, Ltd. (which controls over 85% of the state's logging, is the world's largest hardwood woodchip exporter, and is worth over one billion dollars) has not trickled down into the state's economy" (2007, p. 95).
Despite the enormous range of wood products, particularly its valuable hardwoods, that could be produced from Tasmania's forests, more than 90 per cent of the country's hardwood timber is simply processed into woodchips annually, representing 5,000,000 tons of Tasmanian native forest which are then marketed to paper mills in Asia, primarily in Japan but in South Korea and increasingly China as well, accounting for around 70 per cent of Tasmania's total woodchip export production (Green et al., 2007). The sustainment practices used by the forestry industry, though, have been insufficient to replenish what is being extracted.
Forestry Tasmania. The Board...
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