Articles tagged with 'Agribusiness'

ANZ dominates agribusiness finance

2 March 2010 | The completion of the Landmark Financial Services acquisition hands ANZ market dominance in agribusiness finance.


Elders stands by forestry investments

3 February 2010 | Elders Forestry maintains that its forestry projects are sound investments for SMSFs despite lingering fears caused by the collapse of Timbercorp and Great Southern.


Agribusiness MIS out of favour

14 January 2010 | Agribusiness investment managers, such as Select Harvests - the company now managing the Timbercorp almond orchards - are turning away from managed investment schemes as a source of funding.


The top 5: Bad apples

21 December 2009 | As 2009 comes to a close, Money Management looks back at the individuals and events that generated controversy.


Super ignoring benefits of agriculture investment, says AAG

26 November 2009 | Australian superannuation funds could have been buffered from the onslaught of the global financial crisis if they had invested more in Australian agriculture, according to the Australian Agribusiness Group (AAG).


AAG reveals September's agribusiness winners and losers

7 October 2009 | In the aftermath of the collapses of Timbercorp and Great Southern, consumer confidence is continuing to play a significant role in the performance of listed agribusiness companies - with both positive and negative results.


Call for single-product licensing to be banned

17 September 2009 | The collapse of Great Southern should serve as a salutary lesson to the industry of the dangers of single-product licensing of advisers, according to CPA Australia's senior policy adviser for superannuation.


Orchard delivers on some funds, not on others

27 July 2009 | Orchard Funds Management will pay distributions on seven of its funds this month, but a number of its other funds remain suspended and facing financing difficulties.


ASIC confirms magnitude of MIS complaints

15 July 2009 | The Australian Securities and Investments Commission has confirmed it received hundreds of complaints relating to Great Southern and Timbercorp last year, as well as more than 100 relating to other MIS agribusiness schemes over the previous three years.


Agribusinesses satisfied with end of financial year results

2 July 2009 | ITC, Gunns and FEA are satisfied with sales figures in what are challenging markets.


Kimberley Timber retreats from MIS sector in wake of collapses

18 June 2009 | Recent adverse publicity surrounding managed investment schemes has resulted in some companies, including Kimberley Timber, withdrawing their offerings from the market.


MIS not a long-term business model: aquaculture managers

15 June 2009 | The MIS business model is more appropriately used as a short-term funding solution than a long-term proposition, according to the chief executive of Arafura Pearls.


MLC reviews agribusiness sector, puts ITC on ice

2 June 2009 | Timbercorp and Great Southern weren't on MLC's approved product list, but the collapse of these prominent agribusiness groups has prompted the dealer group to review the whole sector, while also placing investments in one of its agri-managers on hold.


Great Southern's hefty liabilities

28 May 2009 | The Great Southern administration process has revealed a disturbing picture with respect to liabilities and available assets.


Forest Enterprises confident on sales

25 May 2009 | In the wash up of Timbercorp and Great Southern, Forest Properties expresses confidence that it can sell up to 15 per cent of its property portfolio.


Timbercorp creditors get bad news

6 May 2009 | Korda Mentha delivers bad news to investors in one of Timbercorp Securities' last managed investment schemes.


Outcome in the balance for Timbercorp agribusiness projects

24 April 2009 | Administrator KordaMentha now working on potential strategies for each agribusiness project of the failed investment manager.


Macquarie consolidates agribusiness operations

20 April 2009 | Macquarie's agribusiness operations, including its managed invested schemes, have been merged into a single division; looking to expand and raise capital overseas.


The challenge of unearthing global capital

9 April 2009 | John Wilkinson considers the impact of the financial crisis on the agribusiness MIS sector.


Defaulting agribusiness investors facing tax slug

3 April 2009 | Investors in timber agribusiness managed investment schemes who default on their loans may find themselves facing substantial tax bills.


Agribusiness defaults sprout in wake of downturn

27 March 2009 | The number of people defaulting on agribusiness managed investment scheme loans is on the rise.


Times may suit commodities

9 March 2009 | The adverse times on the Australian Stock Exchange may spell the right time to invest in soft commodities, according to an agribusiness fund manager.


Agribusiness: Climbing up the investment food chain

26 February 2009 | The diverse agribusiness sector is experiencing both highs and lows in the current downturn, writes AMAL AWAD.


Great Southern posts $64 million loss

03:21 PM | Fall in MIS sales a key contributor.


Orchard's downward revaluations

14 January 2009 | Property revaluations likely to impact bottom line.


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