Koalas could be extinct by 2050 in NSW

A new conservation report has found Australia's very own native marsupial could be extinct by 2050.

Due to constant land clearing the cuddly icon could very soon be non-existent.

According to the World Wildlife Fund (WWF) report, 6884ha of natural koala habitat has been destroyed in the past two years alone.

Currently listed as a vulnerable species, there are an estimated only 20,000 koalas left in New South Wales. 

Conservationist for WWF Dr Stuart Blanch told 7 News koalas are plummeting towards extinction in NSW, perhaps as early as 2050.

The report found that since the repeal of the NSW's Native Vegetation Act last year, bush land clearing rates have tripled.

With their homes being destroyed, koalas are flocking to unfamiliar territory and are getting hit by cars, being attacked by dogs and suffering from stress-related diseases like chlamydia.

Sceptics believe the reports are unfounded; former Australian Deputy Prime Minister Barnaby Joyce took to Twitter to disagree, saying it was sensationalised.

Australian Environment Minister Gabrielle Upton told 7 News it was not true and that koalas would be protected with the roll-out of a $45 million package that will promise a future for the species.

Koalas have inhabited Australia for at least 25 million years.