Highest commission rebates (up
to 8.25%) = immediate return.
At
100percentinvesting you
can invest directly into Tax Effective Agribusiness products and you
receive
cash back in your pocket.
Benefits of tax effective agribusiness: |
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Invest into sustainable agriculture
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Wide variety of investment products, timber, wine, olives, fruit, etc. |
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Projects to invest in are available
from $3,000 |
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Up to 100% Tax deductions supported by Tax Office rulings |
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Cash refunds, see
Agribusiness Products for
individual refund amounts. |
Agribusiness Commission Rebates
Simply click on
Agribusiness
Products for the
list of available projects and to download the Investment Brochure/PDS.
It’s that easy!
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Amending Legislation to Protect Forestry MIS
Deductions
The Government has released draft amending
legislation, designed to protect an initial
investor’s tax deductions if a CGT event
occurs within four years of investment due
to circumstances outside the investor’s
control.
ITC's Technical Service Manager Kim Cowie
provides details of this proposed change,
and examples of situations in which this
protection could apply.
22 December 2009
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 Align Funds Management -
Timbercorp Almond Projects Update
Sam Baillieu (Shareholder
Representative / Director)
and Trevor Moyle (Independent
Chairman) from Align Funds Management
provide you with a current update as to
their proposals for the Timbercorp Almond
Projects.
23 June 2009
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Dealer groups call for Great Southern enquiry
Dealer groups want the government to set up an enquiry into failed agribusiness giant Great Southern. A number of dealer groups have called on the government to step in to help investors caught up in the collapse of agribusiness firm Great Southern.
Representatives from Australian Financial Services (AFS) and IOOF-owned group Consultum Financial Advisers each voiced concern for investors at Great Southern's first creditors meeting held yesterday in Melbourne.
28 May 2009
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MIS forest managers growing wood for an
undersupplied domestic market
In the torrent of media commentary about the recent collapse of major agribusiness managed investment scheme companies, Timbercorp and Great Southern, many of the statements made by the most vocal MIS detractors have been factually wrong or at best misleading, according to the Australian Plantation Products and Paper Industry Council (A3P).
A3P CEO, Richard Stanton, said “One of the most bizarre generalisations is the MIS forestry companies are purely motivated by tax minimisation and management fees and have no interest in the forestry products they are growing for their investors, or the target markets for those products."
27 May 2009
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Wait For Conclusion - Minister Defends MIS
Federal Agriculture Minister Tony Burke defended the managed investment scheme
(MIS) model at Hamilton this week as MIS
company Great Southern Ltd. went into
receivership.....
21 May 2009
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Time for some MIS facts
Australian Agribusiness Group (AAG) has been researching and rating agricultural
investments, including Managed Investment Schemes, since 2000 - longer than
any other research business. AAG also operates a consulting practice and
manages a substantial portfolio (over $350m) of agricultural assets Australia wide.
AAG knows MIS, and we know Australian agriculture. We have no illusions about
either.
19 May 2009
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Plantation forestry offers a sound
investment and strong growth
“Despite the recent news concerning two of the players in the agricultural managed investment
schemes (MIS) sector, MIS-driven plantation forestry remains a solid industry with the offer of strong
and increasing timber prices. The sector is poised for continued expansion,” said Allan Hansard, CEO
National Association of Forest Industries (NAFI).
18 May 2009
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Great Southern Appoints Voluntary
Administrators
It is with great regret we inform you that the Directors of Great Southern Limited and Great Southern Managers Australia Limited have appointed Martin Jones, Darren Weaver, Andrew Saker and James Stewart of Ferrier Hodgson as joint and several administrators of the companies and the majority of its subsidiaries.
18 May 2009
For further information you can also go
to
www.great-southern.com.au
Other Related
Updates
Almond Investors
Gunns Plantations
Macquarie Agribusiness
Rewards Group
Willmott Forests
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FEA's Business
Model
Hot off the Press - FEA has just release its
NEW Value Chain DVD which highlights FEA's
Business Model as a Fully Vertically
Integrated Forestry and Forest Products
Company. It's a short must see DVD.
Just click on the link below and it will
play the DVD directly from the Website.
www.fealtd.com/_imageLibrary/File/FEA-VALUE-CHAIN.wmv
Note:- If you can't run the
DVD from the link it can be found on the FEA
home page at
www.fealtd.com and click on the FEA
Value Chain Link
28 April 2009 |
Timbercorp Appoints Voluntary Administrators
Mr Mark Korda and Ms Leanne Chesser were
today appointed voluntary administrators of
Timbercorp Limited (ASX: TIM). Timbercorp is
one of Australia’s largest agribusiness
companies, managing approximately 120,000
hectares of large scale forestry and
horticulture assets. Timbercorp has invested
more than $2 billion in agribusiness
projects on behalf of 18,500 investors since
1992.
Mr Korda said the company had been hurt by
the combined impact of declining global
asset values, tightening credit, the
economic downturn and drought. Mr Korda said
the administrators would implement a three
point plan....
23 April 2009
Frequently Asked Questions – Grower
Investors
Frequently Asked Questions – Shareholders
Other Related
Updates
AACL (Macro Funds)
Almond Investors
Forest Enterprises Australia Limited (FEA)
Great Southern
ITC Limited
Macquarie Agribusiness
TFS Corporation
Willmott Forests |
Rural Land Sales and Lease-back is Part of
FEA's Prudent Land Bank Management
Rural land sales and lease-back is part of FEA's prudent land bank management.
Some people may have seen the advertisement which appeared in The Australian Financial Review on Monday 20 April 2009.
It seeks offers from investors interested in purchasing high-quality rural properties in Tasmania, northern New South Wales and South East Queensland.
Sale and lease-back of FEA plantation forestry land is an ongoing part of our business strategy and one that we have followed for a number of years.
Please be advised that the current advertising is NOT a 'fire sale'.
22 Apr 2009
Timbercorp Newsletter April 2009
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Almond and olive harvests commence |
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Environmental challenges |
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Impact of the global financial downturn on Timbercorp project commodities |
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New strategic direction |
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Strategic alliance partner update |
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Test case for non-forestry MIS |
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Timbercorp donates fencing material to bushfire victims |
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Grower News on Timbercorp Website |
08 Apr 2009
2009 Export Price secured for Australian
plantation woodchip
Three of Australia’s leading forestry
companies, ITC Limited (ITC), Timbercorp
Limited (ASX:TIM) and Great Southern Limited
(ASX:GTP), today announced the conclusion of
negotiations for the 2009 benchmark price
for Australian plantation grown Tasmanian
bluegum woodchip for export to Japan. Not
withstanding the current global economic
conditions, a price of A$207.40 per bone dry
metric tonne (BDMT), free on board (FOB),
has been maintained for plantation grown
Tasmanian bluegum exported from Australia up
to July 1 2009, representing a nil increase
on 2008 pricing.
27 Mar 2009
Agricultural sector better placed than some
"While the agricultural industry will not be immune from the impact of a global recession this year, Australian farmers may be better placed than some of their international counterparts to weather the storm.
Michael Whitehead, vice president of food and agribusiness research with Rabobank’s New York arm, said possible negative pressure on agriculture could include a drop in consumer demand, however this may be offset by ongoing global population growth.
" Money Management
20 Mar 2009
Almond Price Update March 2009
"Almondco advised that Nonpareil prices moved down slightly due to California’s poor shipping figures for January (down
5%). However, February shipments were a record (up 35%) which has now placed Californian shipments slightly ahead of last season (up over 3%). Almondco are expecting the international price to remain stable with possible firming on some varieties & larger sizes."
ailfunds.com.au
17 Mar 2009
Smaller players to take bigger role in MIS
sector
"Smaller-scale
agribusiness players are set to take the
limelight from their more established peers
in 2009, thanks to a forecast decline in
demand for traditional pulpwood products and
the exit of major players from the managed
investment scheme sector." thewest.com.au/business
03 Mar 2009
Timbercorp will stand out of the MIS market
in 2009
Turning to
MIS, shareholders will be aware that in
February 2007 the Australian Taxation Office
revised its interpretation of the laws
relating to non-forestry managed investment
schemes. The MIS companies challenged the
decision through a test case that was heard
by the full bench of the Federal Court of
Australia. On December 19 the Court handed
down a unanimous decision in favour of
industry.
The ATO has
chosen not to appeal against the decision
and they now accept the deductibility of
project costs for non forestry managed
investment schemes.
Timbercorp
welcomes this announcement as it is
consistent with their long held position and
the generally held interpretation of the law
that has applied for decades.
Despite
this decision, Timbercorp will stand out of
the MIS market in 2009 as previously
announced. Timbercorp will consider MIS in future
years as part of the strategic review
process.
27 Feb 2009
30 Second Read from Timbercorp
Fire and extreme heat in south east Australia
PLUS
Water Update.
Timbercorp’s horticultural and forestry projects have not been affected by the devastating bushfires that have devastated human lives and property last weekend.
Horticultural properties have experienced unprecedented hot conditions over a sustained period of time. Managers have used irrigation to minimise heat stress in plants and crops. At this stage, no damage has been detected, however, we will continue to monitor for adverse affects from the heat.
17 Feb 2009
FEA Provides a Hand for Fire Relief
Forest Enterprises Australia Limited (FEA)
would like to
extend their deepest sympathy
to the many people affected by the
devastating and tragic Victorian bushfires....
Feb 2009
The full Federal Court of Australia rules that contributions to
non-forestry MIS can be treated as tax
deductible.
With the Federal Court recently ruling on the test case, uncertainty surrounding the tax treatment of horticultural or
non-forestry registered managed investment schemes (MIS) has been resolved. This is a welcome outcome for both the
industry and investors alike.
The ATO has subsequently
confirmed this decision stating in a media release that
investments in MIS arrangements which are broadly similar
to the test case are deductible. The ATO is now working to
finalise product rulings for 2009 projects.
Dec 2008
AAG: Agribusiness MIS Industry Report Of
Funds Raised
The 2007/08 financial year was once again a year of uncertainty for the
MIS industry, particularly the non-timber sector. However, the industry
as a whole performed very well in terms of capital raised.
July 2008
Timbercorp's Water and 2008 Project Update Overview
Since the start of the irrigation season, Timbercorp has
been implementing a comprehensive management strategy
to deal with reduced water allocations.
This included: carrying over water from the previous year;
maximising the advantages of the company’s $150 million
state-of-the-art irrigation system; purchasing additional
temporary water; and implementing a range of water saving
measures.
January 2008
Timbercorp’s water management
The majority of Timbercorp’s projects are not located in
regions that have been affected by the reduced rainfall
currently experienced in the Murray Darling Basin.
Timbercorp’s 96,000 hectares of eucalypts in the Green Triangle
region of Victoria and South Australia and in southern
Western Australia have experienced above average rainfall
this year. Timbercorp’s mango and avocado orchards at Cairns,
Mataranka, Bundaberg and Busselton all have access to
sufficient water.
November 2007
Great Southern’s water management
As a major participant in the Australian agricultural sector, Great Southern
is committed to monitoring the threat of climate change and drought
conditions and managing the changing environment in relation to our
operations.
Overall, we are currently well placed in relation to this issue, with access
to adequate high security water, rainfall catchment on farm, private dams,
regulated ground water and river supply, and the ability to purchase
temporary transfer water as required. Importantly, growers will not bear the
costs for any additional water Great Southern has been required to purchase
for its existing investments.
October 2007
Water: Almond Investors Limited’s Current Planning
Graham Johns, AIL’s Orchard Manager, is one of Australia’s most experienced and respected Almond orchardists and over his 26 years of
experience has developed a sound understanding of how to manage almond trees under a broad range of growing conditions.
For this potential dry period he has available to him some of the most modern and sophisticated irrigation and fertilising technology in Australia,
which he is using to maximise outcomes, even in a reduced water environment. This allows him to carry out a range of actions, in many ways
similar to what we do in our home gardens in times of water restrictions, on the large scale of a commercial orchard. His aim is to maintain the
health of the almond trees during the current dry period and obtain balanced growth and crop yields in proportion to available irrigation water. This
will enable the trees to always be in the best possible condition to quickly return to optimum levels of orchard performance when normal rainfall
patterns resume.
October 2007
Great Southern update:
New secondary market for forestry MIS
In a recent announcement by the Government, investors in forestry
MIS may now be able to trade their investments. This comes as great
news for investors in Great Southern’s Plantation and High Value
Timber Projects.
What the announcement means:
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Initial
investors may trade their interests effective 1 July 2007,
after they have been held for a minimum of 4 years; |
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The secondary
market is expected to provide investors with a greater
degree of flexibility in being able to sell their forestry
interest before final harvest; |
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If the 4 year
holding period has expired, investors who sell their
interest on the secondary market will retain the 100% tax
deduction they initially received on its purchase price; and |
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Secondary
market investors will be able to deduct all costs associated
with the investment (such as interest) as they are incurred. |
Further information on the secondary market can be found in this
flier
Investors win with the announcement of a
secondary market for forestry MIS and
the article
Forests to escape rural schemes axe. Please keep in mind that as at the date of this
communication (20 June 2007) the secondary market has not yet been established, the
exact workings on how the market will operate are still being
determined and limited information has been released.
June 2007
Water update
"We are fast approaching the close date for many of
the non-forestry agribusiness funds, many of which are reliant on
seasonal rainfall, whether directly or to fill irrigation
catchments. As such, we thought it appropriate to provide an update
of seasonal conditions across Australia, including a map of rainfall
totals across the country in May.
Certainly Eastern Australia is experiencing much improved seasonal
conditions when compared to last year, which has wet catchments and
provided good potential for much stronger inflows in the all
important winter and spring period. It should also be noted that
the Darling River has started to flow again, bringing much needed
relief to orchardists around Bourke in northern NSW. Anyone who had
the opportunity to view the footage of the water finding its way
along the dry river bed would have felt their sense of relief.
Let us hope that the talk of a La Nina weather event comes to
fruition."
Source - Adviser Edge
June2007
A river runs through it
- Article from The Daily Telegraph
BEER'S been the only thing flowing in Tilpa for 20 years _ until now. The rapids have finally
surged through Colin Middleton's property in the far west.
Three weeks ago the Darling River which passes through grazier Mr Middleton's property at Tilpa in
the state's far west was nothing but a dry, cracked riverbed. But on Friday Mr Middleton couldn't
believe his eyes when water rapids surged through.
He was so elated he rushed down to the river with his son-in-law Matthew Elliott to capture
something he wasn't sure he'd see again. "I thought it was a mirage. I had to drink it to see if it was
real,'' Mr Middleton said.
"It was bloody magnificent, it's the first time in 20 years I have seen fresh flowing drinkable water.
It's been so desperate for the past six years.''
06 June 2007
Federal Government
listens to Industry - Secondary Market to be introduced
The latest Federal Government Budget included a
welcome announcement regarding the introduction of a secondary
market for forestry managed investment schemes (forestry MIS).
From 1 July 2007 investors in forestry MIS will be able to trade
their interests once they have been held by the initial investor for
a period of at least four years. The four year restriction will
apply only to the initial investors in a scheme and will be
applicable to interests in pre-existing schemes, meaning that
growers who invested in a forestry MIS project prior to 1 July 2003
will be able to trade their interests from 1 July 2007.
08 May 2007
Extension welcomed
for agribusiness managed investment schemes
The Australian Tax Office (ATO) has announced it will defer the
implementation of its reconsidered view of the tax treatment
relating to agricultural managed investment schemes until 1 July
2008.
Importantly,
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All 2007 Projects will
continue to be deductible for the life of the
Project under existing product rulings |
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The ATO will continue
to issue product rulings for investments in
agribusiness managed investment schemes until 1 July
2008 i.e. 2008 Projects. |
27 March 2007 |
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