❓ Dr. Thomas requests a breakdown of payments to individual forestry businesses under the Business Transition Program. The answer provides the total amount distributed and the calculation method, but not the individual amounts.
AnsweredQoN 1124Legislative Council
QuestionView source ↗
I refer to your answer to my question without notice asked on 15 November 2022, and I ask, what is the amount each of the 24 individual forestry businesses have been approved to receive under the Business Transition Program in part 3 of my question from 15 November 2022?
AnswerView source ↗
Answered
14 February 2023
Responded by
Minister for Forestry
Response time
6 days
The 24 individual forestry businesses received a total of $22,911,960 under the Business Transition Programs , Program 1.
Payments to each business under this program have been calculated based on eligible Forest Products Commission base-contract volumes.
For each of the sawmills, payment was calculated at $180 per tonne of sawlog and $35 per tonne of other bole volume and 50% volume at $180 per tonne and 50% volume at $35 per tonne for whole bole log.
For each of the harvest or haulage companies, the payment includes a base restructure payment for each eligible business and an additional variable payment calculated at $35 per tonne of other bole volume for harvest or haulage businesses with other bole volume contracts.
The Business Transition Programs also includes additional funding for:
a. Program 2: Statutory Redundancy Reimbursement.
b. Program 3: Site Clean-up, Decommissioning or Equipment Reimbursement Payment.
Payments to each business under this program have been calculated based on eligible Forest Products Commission base-contract volumes.
For each of the sawmills, payment was calculated at $180 per tonne of sawlog and $35 per tonne of other bole volume and 50% volume at $180 per tonne and 50% volume at $35 per tonne for whole bole log.
For each of the harvest or haulage companies, the payment includes a base restructure payment for each eligible business and an additional variable payment calculated at $35 per tonne of other bole volume for harvest or haulage businesses with other bole volume contracts.
The Business Transition Programs also includes additional funding for:
a. Program 2: Statutory Redundancy Reimbursement.
b. Program 3: Site Clean-up, Decommissioning or Equipment Reimbursement Payment.
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