Half-yearly loss of almost $15m for NSW native forest logging shows industry future shaky, conservationists say

The Forestry Corporation of NSW’s half-year report for 2024-25 reveals the hardwood forests division lost $14.9m. Photograph: Dean Sewell/Oculi Photos/The Guardian

The native forest logging division of the New South Wales government’s forestry agency has posted a half-yearly loss of almost $15m, prompting renewed questions about the industry’s economic viability.

The half-year report for 2024-25, tabled in the state’s parliament last week, shows the hardwood forests division lost $14.9m, which is $9m more than the agency had projected – taking the division’s total losses since 2020 to $87m.