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Showing 111 - 120 of 156 results for "Forestry"

GFP snaps up Timbercorp assets

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
An international forestry investment fund advised by Global Forest Partners (GFP) has signed a contract to buy Timbercorp's forestry assets - outbidding other buyers including First Super-backed consortium, TC Growers. According to a press statement ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
... that she engaged in misleading or deceptive conduct when she falsely witnessed applications for loan documentation in forestry products and powers of attorney. Keep was also found to have acted recklessly in relation to whether the documents had been ...

TC Growers closer to buying Timbercorp assets

RUTH LIEW  |  TUESDAY, 11 AUG 2009
First Super-backed TC Growers is a step closer to acquiring the failed Timbercorp's forestry assets. According to a media statement released by the consortium, which counts the $1.5 billion timber industry fund First Super and an unnamed international ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 AUG 2009
... Chris Townsend addresses the American Chamber of Commerce in Australia on "The Scenario You Didn't Test For". Timbercorp forestry scheme growers meet to consider the future of schemes run by the distressed investment group. Resmed Inc and West Australian ...

Timbercorp growers favour consortium

RUTH LIEW  |  WEDNESDAY, 8 JUL 2009
... welcoming talks with a recently formed consortium - TCGrowers - which is looking to buy the embattled agricultural group's forestry assets. According to an update yesterday on the TCGrowers website, the group had received very positive responses from ...

Timbercorp buy passes sole purpose test

RUTH LIEW  |  MONDAY, 6 JUL 2009
The $1.5 billion First Super, which last week entered a consortium to snap up collapsed Timbercorp's forestry assets, will not be in breach of the sole purpose test if the deal was to be finalised, said a superannuation expert. Michael Vrisakis, partner ...

First Super mulls Timbercorp rescue

RUTH LIEW  |  FRIDAY, 3 JUL 2009
... timber industries, has entered a consortium with South Australia-based Penola Pulp Mill and the management of Timbercorp Forestry to discuss the acquisition of Timbercorp's forestry assets. The consortium, called TCGrowers, also includes a "significant ...

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
... workers labelling them unfair. The Australian newspaper today reported that the major industrial unions, the Construction Forestry Mining and Energy Union (CMFEU) and the Australian Manufacturing Workers Union (AMWU), have written a strongly worded letter ...

Conservative strategies pay for ITC

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
Forestry group ITC banks on its prudent business model to ride the crisis facing the agribusiness sector after Timbercorp and Great Southern went into administration. Adam Redman, spokesperson at ITC, said the firm's key business is forestry, a key ...

ITC targets Gen Y with trees

MICHAEL HOBBS  |  MONDAY, 27 APR 2009
Forestry group, ITC, is providing financial planners with access to a managed investment scheme to attract more Generation Y clients. The firm's strategy aims to pay-off Higher Education Scheme (HECS) debt fast, a key financial concern for graduating ...