|
Scheme |
Target |
Incentive |
|
Softwood Forestry Agreement Act (1967) |
Aim for self-sufficiency: establish 26,000 hectares of softwoods a year (1967-71) |
$20 million provided to state forest agencies as 35 year loans |
|
Softwood Forestry Agreement Act (1972) |
Establish 22,000 hectares of softwoods a year (1972-76). |
$21 million of loans to the states over five years |
|
Softwood Forestry Agreement Act (1976) |
Establish 2500 hectares a year (1976-78) |
Direct Funding |
|
Softwood Forestry Agreement Act (1978) |
Maintain existing softwood plantation areas |
Direct funding |
|
National Afforestation Program |
Establish various broadleaf plantations to demonstrate potential for pulplogs |
Direct funding (to encourage private interest) |
|
Joint ventures |
Develop hardwood and softwood plantations (example in Western Australia and Tasmania). |
Joint commitment between landowners and industry and state forest agencies |
|
Farm forestry program |
Raise the profile of farm forestry to encourage greater investment by landholders |
Initially $15 million over four years with an additional $36.5 million over the next four to five years under the National Heritage Trust in 1996-97 |
|
2020 vision |
Encourage efficient operation of the market for investment in land resources |
No direct incentives, but concentration on removing instances of market failure |
Source: Resource Assessment Commission (1992 - updated) cited in Burns et al. (1997)
Source: Love et al. (1997)
