2 results for month: 04/2011


VicForests has credit extended

VicForests has credit extended Date: April 11 2011 http://www.theage.com.au/business/vicforests-has-credit-extended-20110410-1d9bp.html?skin=text-only Ben Butler THE financial woes of the state government's commercial forestry arm VicForests have deepened, with it forced to go back to Treasury for a bigger loan. VicForests' line of credit with Treasury has doubled in three years, from $12.5 million in 2009 to $25 million this year, as the company struggles with cash-flow problems. The deepening financial problems at VicForests follow the release of a report by forestry consultants URS, commissioned by Treasury, which found the company cannot ...

Give A Possum A Tree

logging. 11 Apr 2011 Give A Possum A Tree http://newmatilda.com/2011/04/11/give-possum-tree By Greg Foyster The habitat of the endangered Leadbeater's Possum is disappearing but this cute creature isn't the only one to be left homeless by VicForests' logging policies, writes Greg Foyster You know an animal is in serious trouble when you start counting its habitat trees individually. David Blair, a member of the Australian National University team monitoring the federally endangered Leadbeater’s Possum, stands on a dirt track in gumboots and a green vest, pointing out old grey eucalypts one by one. "Probably 14," he says when he’s finished co...