Anne Ruston (SA, Liberal Party, Minister for Families and Social Services) Share this | Hansard source

Well, Senator McKenzie, absolutely, this government supports the development and expansion of sustainable plantation forests across Australia. Every year, 70 million new trees are planted, and these forests capture carbon, they grow jobs and they provide the timber that Australia needs, as well as being an export opportunity for this country. And we are delivering on our election commitment for the forestry sector by making it easier for plantations and farm forestry projects to generate carbon credits through the $2 billion Climate Solutions Fund. This will drive $4 billion worth of investment in emissions reduction projects in Australia. We're reducing red tape for projects located in our five regional forestry hubs to make it easier for the private sector to invest in new Australian forestry products, create jobs and reduce emissions at the same time.