Acting Premier Bryan Green said today the decision to restructure Forestry Tasmania was in the best interests of Tasmanian taxpayers and aimed at providing greater certainty for its workforce.

Mr Green reiterated that Forestry Tasmania would remain a standalone corporate entity responsible for commercial wood production as part of reforms that have been announced.

"The Government's decision to change the operating structure of Forestry Tasmania was based on independent advice and we are committed to implementing the reform," Mr Green said.

"Forestry Tasmania faces significant financial losses and the Government has no option but the act.

"It would be totally irresponsible of the Government to ignore the facts as they stand and in that respect Forestry Tasmania is no different to any other Government Business Enterprise," Mr Green said.

"The Government must ensure Forestry Tasmania is on a viable financial footing as the industry confronts unprecedented challenges," Mr Green said.