Robert Stubbs: Forestry operator shutting up shop after 23 years due to a raft of troubles
Increasing concern has come that the forestry sector isn't being run in a sustainable way, with businesses on the chopping block.
A 23-year-old business is shutting up shop due to a raft of troubles, including rising costs, slim margins and export log prices continuing to fall.
Stubbs Contracting owner Robert Stubbs told Mike Hosking it's been a slippery slope for the last three years, since Covid.
He says fluctuation of market prices since then has increased debt to an unsustainable level.
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