Summary
This project aimed to quantify the loss of hardwood plantation estate in the Green Triangle region following the introduction of the Lower Limestone Coast Water Allocation Plan (WAP) in 2013 and to estimate future losses expected by 2025. The analysis was undertaken collaboratively by members of the Green Triangle Forest Industries Hub Water Working Group and examined changes in net plantable area across major plantation managers.
The study found that the total net plantable area declined from 38,393 hectares in 2014 to 21,408 hectares by the end of 2022 and was projected to fall further to 17,887 hectares by 2025, representing a reduction of more than 53 per cent. The report attributed these losses largely to water licensing constraints, uncertainty regarding future water policy, restrictions on licence transfers, and reduced confidence in re-establishing plantations after harvest. The findings suggest that water allocation settings have significantly influenced investment decisions, plantation retention, and land-use change. The report estimates that direct and indirect plantation estate losses may exceed 30,000 hectares, with implications for future timber supply, regional investment, and industry confidence
Acknowledgement of funding
This report was commissioned by the Green Triangle Forestry Hub with funding from the Australian Government, Department of Agriculture, Fisheries and Forestry.
Disclaimer
Reports prepared for Regional Forestry Hubs, and any recommendations contained in the reports, are provided as received by the Hub and are not endorsed positions of the Hub. They do not constitute Australian Government policy.
