The "worst case scenario" in the form of a Great Koala National Park is sounding a death knell for family-owned timber companies.

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Today's announcement from the NSW government will set-aside 176,000 hectares of the best tree-production on the North Coast, calling it the Great Koala National Park.

This will form part of a 476,000ha reserve - one of the largest in the state - linking multiple national parks on country once managed for rotational logging.

The decision puts harvesting crews out of work as from today - until new maps can be distributed.

This premium eastern escarpment country s

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