The Wellbeing Budget

Transforming the economy

More value from our wood: Te Uru Rākau

Forestry plays a critical role in many of the Government's priority areas – enhancing regional development, supporting Māori to realise the potential of their land, improving water quality, reducing carbon emissions and creating jobs.

"Not only will one billion trees be planted in the next 10 years, but the Wellbeing Budget is delivering $49.4 million in operating and capital funding to see more transformation of the forestry sector," Forestry Minister Shane Jones says.

"The funding will allow Te Uru Rākau (Forestry New Zealand) to increase its regional presence to ensure foresters and landowners have the support they need to increase the value they receive from wood and timber resources.

"It will also allow the agency to work towards the Government's goal of developing a sustainable domestic forestry workforce," Shane Jones says.

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