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Australia has over 1.5 million ha of plantation forests. Governments and industry share a goal of doubling this area by 2020, with most new plantations to be established on previously-cleared agricultural land. Plantations currently supply over half of the raw material required by the forest products industry and also provide a range of environmental and social services. The ownership and management structure of Australian forest plantations and plantation-based forest industries has changed considerably over the past decade, and plantation growing, processing and marketing sectors are becoming increasingly globalised. This paper reviews the major forces driving development of forest plantations in Australia and the key policy and management issues to be considered if plantations are to meet varied expectations of the Australian community. Our assessment is based on papers and discussion at the 'Prospects for Australian Forest Plantations 2002' conference. The wide-ranging papers to the conference considered opportunities for Australia's forest plantations and plantation-based industries in changing global wood markets. They discussed alternative and emerging markets for wood and other plantation products and environmental services, the potential for plantations to provide environmental benefits such as salinity mitigation and biodiversity conservation, effects of plantations on water yield and quality, and the effects of plantation development on rural and regional communities. The role of plantations in providing a broader range of environmental and social benefits emerged as a major focus of discussion. Lessons learned from Australia's experience with plantation development are relevant in a wider global context where plantations will be expected to supply products for, and benefits to, society that historically have been supplied by native forest.

Australia has over 1.5 million ha of plantation forests. Governments and industry share a goal of doubling this area by 2020, with most new plantations to be established on previously-cleared agricultural land. Plantations currently supply over half of the raw material required by the forest products industry and also provide a range of environmental and social services. The ownership and management structure of Australian forest plantations and plantation-based forest industries has changed considerably over the past decade, and plantation growing, processing and marketing sectors are becoming increasingly globalised. This paper reviews the major forces driving development of forest plantations in Australia and the key policy and management issues to be considered if plantations are to meet varied expectations of the Australian community. Our assessment is based on papers and discussion at the 'Prospects for Australian Forest Plantations 2002' conference. The wide-ranging papers to the conference considered opportunities for Australia's forest plantations and plantation-based industries in changing global wood markets. They discussed alternative and emerging markets for wood and other plantation products and environmental services, the potential for plantations to provide environmental benefits such as salinity mitigation and biodiversity conservation, effects of plantations on water yield and quality, and the effects of plantation development on rural and regional communities. The role of plantations in providing a broader range of environmental and social benefits emerged as a major focus of discussion. Lessons learned from Australia's experience with plantation development are relevant in a wider global context where plantations will be expected to supply products for, and benefits to, society that historically have been supplied by native forest.