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SUMMARY
A detailed survey of the Gippsland forest and timber industry was conducted for this study, which involved contacting enterprises in all sectors. It is estimated that the survey covered some 94% of the total timber throughput of the region. Based on individual enterprise data gathered by this survey, it has been possible to estimate the direct impacts of the industry within the region as a whole. The Gippsland forest and forest products industry provides direct employment for 3 124 people, has a gross turnover of $1 207 million pa, and a net value of output of $948 million pa (Table 17). Table 17: Direct industry impacts
In terms of immediate impact on the local area, payments made directly to local residents and businesses were $534 million pa, including wages of $161 million, payments to local suppliers of $361 million, and payments to local government of $12 million. Activity in the industry will also have wider impacts on the regional economy, via "flow-on" or multiplier effects, which result from the financial linkages existing between sectors within a defined economy. As a result of these relationships, assuming a multiplier of ca 2, it is estimated that the total annual economic impact of the industry could be in the order of:
Via these impacts, the industry affects the social and economic dimensions of the regional community. Activity of this level can be expected to have a significant effect on the social and economic characteristics of the Gippsland region. The following analysis of socio-economic impacts also compares the Gippsland timber industry with the timber activity in other regions of the State, so that the role of this region in a Victorian timber industry context can be assessed. Indicative values for the agriculture sector, and for tourism activity in the region, are also presented, so that the role of the timber industry within the Gippsland regional economy can be considered. Some comparisons are also made within the region, with three geographic sub-regions having been identified. In addition, those LGAs within the region that can be considered to be most closely involved with the timber industry (as a result of the location of the forest resource, and/or processing activities) have also been identified (the "timber" sub-region), and as a group are also compared with regional and State averages. However, one LGA (Yarra Ranges) tends to mask the real differences between the "timber" sub-region and the rest of the region. This single LGA represents just 0.4% of the regional value of output from the timber industry, but contains 19% of the regional population. In some cases, the analysis of the "timber" sub-region has therefore excluded Yarra Ranges. Click HERE to download full report
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