Putting A Dollar Value On Trees

An inner-city Perth councillor wants to assign trees with a dollar value that must be taken into account in planning decisions, weighted according to the trees economic, environmental and health benefits.

City of Bayswater councillor Chris Cornish says that suburban Perth trees could be valued from $10,000 up to around $50,000 to deter attitudes among councils and developers causing the loss of established trees.

If a tree still needs to be knocked down, he believes it should be treated as an assett and paid for by the developer.