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. LISTEN ABOVE  See omnystudio.com/listener for privacy information.