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$6M for forestry and wood products innovation

Australia’s forest and wood products industries are set to benefit from more than $6 million of new research funded through the Mount Gambier Centre of the National Institute for Forest Products Innovation (NIFPI). Source: Timberbiz

Support has been extended for eight new projects to be conducted out of the existing NIFPI centre in Mount Gambier.

Six research facilities will share in the funding: Central Queensland University, University of South Australia, Flinders University, Swinburne University of Technology, University of Tasmania, and Tree Breeding Australia.

“The joint initiative between the Federal and South Australian Governments demonstrated the shared commitment to supporting these industries,” South Australia Minister for Forest Industries, Clare Scriven said.

“The Federal and South Australian governments have jointly contributed $2.85 million dollars to the third round, this indicates how important this industry is to the Mt Gambier region and the state’s economy.

“This funding has been matched by industry and researchers with $3.2 million in contributions. Congratulations to the eight successful projects for the third round of this program.”

The 2022-2023 October Federal Budget committed $100 million over five years for an expanded Australia-wide National Institute for Forest Products Innovation (Australia-wide NIFPI) to support research and development to address national challenges in the forest and wood products industries.

“This initiative will invest in our forest and wood products industries’ research and innovation capacity,” Murray Watt, Federal Minister for Agriculture, Fisheries and Forestry said.

“It will support ongoing research careers in the forest and wood products sectors, while more broadly supporting forestry jobs of the future.

“The third round of projects will play an important role in exploring and facilitating innovation in areas such as forest management, worker safety, advanced remote sensing, forest water use, tree breeding genetics and optimising resource utilisation.”

To date, total investment in the 19 projects supported by the Mount Gambier NIFPI has been almost $14.5 million, through government, industry, and research investment.