Overseas Investment (Forestry) Amendment Bill [pdf, 228 KB]
...consequently seen an increase in forestry investment. This includes increasing conversions of productive farmland to forest (by both domestic and overseas investors). However, as economic and regulatory contexts change, it is important to consider the environmental, social, economic and other impacts of investment forestry to ensure that all stakeholders continue to benefit. The principal Act’s current (relatively permissive) ‘special forestry’ test does not always provide sufficien...