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Australia unveils national timber fiber strategy to boost industry growth

Australia unveils national timber fiber strategy to boost industry growth

Posted on July 9, 2025   |  

The Australian government has launched the Timber Fibre Strategy to guide the future growth of the forestry industry.

The strategy includes 128 actions for both industry and government to build a sustainable, globally competitive sector.

It highlights the role of forestry in supporting the country’s housing needs and the national housing agenda.

The government is investing a total of A$300 million to support the sector's long-term development.

Over A$100 million will go toward research, development, and innovation through Australian Forest and Wood Innovations.

Another A$100 million is allocated to boost wood processing sustainability via the Accelerate Adoption of Wood Processing Innovation program.

A$73 million is dedicated to increasing future wood supply through the Support Plantation Establishment program.

A$10 million will be invested in skills development through the Forestry Workforce Training Program.