A Dead Loss

Yes – a ‘dead loss’ sums up Victoria’s native forest logging industry. 

It can’t survive without sponging off tax payers, it breaks laws you and I have to adhere to, it destroys ancient ecosystems and trees hundreds of years old, it stuffs up our water catchments, thumbs its nose at the public’s concerns, leaves thousands of hectares of once-was forest as a weed infested mess, it lies, feeds government and communities outrageous spin, is unaccountable, uneconomic, unprincipled, unlawful.

Its existence is a shameful blight on Victoria.  

Vicforests gets special treatment from government

16 March 2013

The recently released report from the Auditor General on the State's finances again raises questions about why VicForests was not required to pay a dividend again this year.

The report shows how the State Government demanded most Government businesses like Melbourne Water and other water authorities were all squeezed for additional dividend payments to help prop up the Government's "surplus". The fact that VicForests was exempt from this process must raise questions about why this Government business has been sheltered from Government cutbacks.

VicForests - losers in all regards

12 February 2013

If VicForests was a private company it'd be financially (as well as morally) bankrupt. VicForests’ 2012-13 Annual Report is out. A small 'profit' was made this year - as a result of not having to pay big legal bills they said, but still no dividend paid to the public (government) for their use of, or more correctly - obliteration of, public property.

Government protected welfare cheats

1 December 2012

OK - it goes like this - VicForests haven’t made a cracker since they started operations in 2004. In 2008 they put $127 million through their books and the expenses were $132 million = $5M loss. But they were given a $5.7M handout to cut down ash forests in the fire areas (not all this ash was burnt from several accounts). So they claimed they made a half million profit.

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