Dr. Thomas questions the Forest Products Commission's (FPC) obligation to update stumpage schedules under timber sharefarm agreements, particularly regarding a potential dispute impacting price updates. The Minister clarifies that updating schedules isn't a contractual requirement.

AnsweredQoN 363Legislative Council
Asked
29 March 2023
Portfolio
Forestry

QuestionView source ↗

FOREST PRODUCTS
COMMISSION — STUMPAGE SCHEDULES
363. Hon Dr STEVE THOMAS to the Minister for Forestry:
I refer to
question without notice 335 asked yesterday.
(1) What is the
Forest Products Commission's obligation under timber sharefarm
agreements referred to in question 335 to maintain stumpage schedules that
reflect current contractual log prices?
(2) Were the
stumpage schedules not updated since 2020 due to a dispute with only one
customer?
(3) If yes to
(2), why were the prices for log products sold from timber sharefarms to other
customers not updated to reflect current prices?
(4) Were
sharefarmers informed of this dispute and told that their payments would be
updated once the dispute was resolved; and, if not, why not?

AnswerView source ↗

I thank the
honourable member for some notice of the question.
(1)–(4) Log
prices are only one component of the stumpage schedules. Sharefarm contracts do
not impose an obligation on the Forest Products Commission to update the
stumpage schedules. Although the FPC endeavours to update stumpage schedules
regularly, it is not a contractual requirement to do so.

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