Almost 2,400 hectares of koala habitat has been saved from a pine plantation near Tewantin yesterday in a $3.5 million buyout by a conservation group, local council and the Queensland government.

Noosa Parks Association, Noosa Shire Council and the Queensland government each contributed $1.2 million to buy out Hancock’s headquarters pine plantation.

This move shows progression in a week where serious questions have been asked about the viability of relocating koalas for development.