The expenditure in production-oriented forest and forest products research was assessed within Australia for 2001/02 and compared with a series of research expenditure reviews completed over the past 20 years to analyse changes and provide a historical perspective on research investment patterns over that period. The expenditure on forest research was $50.51 million and for forest products research was $19.73 million, a total overall of $70.24 million.
This represented an increase in forest research from $24.32 million in 1981/82 to $50.51 million in 2001/02, however, when expenditure over this period was adjusted for inflation by the Consumer Price Index (CPI), there was both a significant and continual decline to 2001/02. Expenditure on forest products in 2001/02 of $19.73 million/year represented an increase from $14.30 m in 1981/82. Again, when adjusted by the CPI, there was a decline from $35.63 million in 1981/82 to $19.73 million in 2001/02.
Reference number:
PN03.3711
