Australia’s natural environment contributes more than $510 billion to the economy, a study finds. (Darren England/AAP PHOTOS)
By Jennifer Dudley-Nicholson in Brisbane
Australia’s natural environment contributes more than $510 billion to the nation’s bottom line every year, a report has found, making it as valuable as the finance and mining sectors combined.
But the federal government is not investing enough in biodiversity to ensure its continued health, and should lift spending to ensure it continues to prop up the economy.
Environmental group 30 By 30 released the findings on Wednesday in a report that analysed the environment’s financial contributions to the economy, including its direct and indirect value.
It comes one month before the federal government is due to release its