Taxpayers again funding climate and species loss as another year of STT losses are dressed as profits
Yesterday’s Sustainable Timbers Tasmania Annual Report has continued the annual tradition of hiding real losses behind government grants, revaluations and asset sales. The reported $3.2million profit is inflated by over $12 million in government grants, $7.2milliion in asset sales, and $11.5million in the revaluation of ‘biological assets’ (a.k.a trees they haven’t cut at a loss […]
