Introduction, continued

Paper's Economic Contribution

The Australian paper industry is an important contributor to the Australian economy, employing more than 8000 people, mostly in regional areas such as Albury-Wodonga and the Latrobe Valley.

Paper manufacturing makes a significant contribution to the regional economies where mills are situated. It is one of the most capital and energy intensive industries in Australia with capital investments worth more than $3.5 billion.

It turns over sales of around $3.4 billion every year, and is a high-tech, innovative industry. Paper makes a major contribution to Australia's technical, engineering, scientific and intellectual capital - in 1999-2000, the industry spent about $80 million on research and development.

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