Thousands of Great Southern investors are facing substantial losses after forestry heavyweight Gunns opted against resurrecting the 2007 timber scheme.
Denmark-based businessman Steve Birkbeck is the new chairman of pearl farmer Atlas South Sea Pearl taking over from the listed entity's long standing director, George Snow after the latter sold almost 10 per cent of the company to the incoming chairman.
Out-of-pocket Great Southern investors are on the verge of installing Gunns to take over the defunct timber projects, after a lengthy meeting in Sydney today.
Great Southern receiver McGrathNicol has opted to wind up the olive schemes operated by the fallen agribusiness company after failing to overcome a stalemate with two of the biggest names in Western Australian horticulture.
The Pulpwood Plantations proposal to take over Great Southern timber schemes was withdrawn today before the official vote was to take place, as attention now turns towards rival bidder Gunns.
Tony Jack's bid to take control of Great Southern's timber schemes has caught the attention of the corporate regulator after projections contained in its proposal were deemed inappropriate.
Local forestry veteran Tony Jack has accused receiver McGrathNicol of using his bid for the collapsed Great Southern timber schemes to find a better deal for the bank creditors at the expense of out-of-pocket investors.
The receiver of failed MIS promoter Great Southern has taken legal action to win the right to vote on the future of a number of forestry schemes caught up in the collapse.
FARMING groups expect that a fire early this week at a Western Meat Packers Group facility in O'Connor will have costly consequences for the state’s meat processing industry.
Almost one year before Great Southern collapsed under a mountain of debt, board members of the agribusiness provider were acutely aware the company faced a serious cash-flow problem.
WESTERN Australian farmers and growers are feeling the effects of the economic downturn as the big supermarket chains put the squeeze on their supply chain.
FARM chemicals company Imtrade Australia believes its new sales management team is poised to build on its 25 per cent per annum growth and challenge its major competitors.
THE Fishing Industry Women's Association of WA (FIWA) is poised to take a class action against the state for changes to the rules governing the rock lobster industry.
ATTEMPTS by the state's only grain technology company Intergrain to establish itself as a viable commercial entity after 13 months of privatisation are being resisted by peak farming bodies.
THE Note can’t resist indulging in some low-key bragging when the occasion permits; particularly when a story is launched by this newspaper and goes on to make a splash elsewhere.
The revolving door outside the boardroom of budding aquaculture producer Marine Produce Australia, which has been spinning fast for the past year, hit top speed this month.
Australia’s biggest live sheep exporter, Emanuel Exports Pty Ltd, is planning a constitutional challenge to animal cruelty charges brought by the state government under the Animal Welfare Act.
Western Australia’s aquaculture sector, long touted as having strong growth prospects, is moving forward on two fronts, with Marine Produce Australia launching a $4 million capital raising and Western Australian Abalone close to completing a $1.8 million
ONE business looking to take advantage of the global sustainability phenomenon (see story above) is Perth-based ASX-listed aquaculture company Marine Produce Australia (MPA).
Tony Fini is renowned for his role in establishing one of Western Australia’s most successful property developers, the Fini Group. Now he’s turning his attention to a tourism project in Gingin as Julie-anne Sprague reports.
The State Government has hailed a deal with the Indigenous people of the west Kimberley as a major step towards the long-awaited expansion of the Ord River irrigation project.
The Australian Olive Association will hold its National Olive Industry Conference over Wednesday October 27 to Saturday October 30 at the Perth Convention and Exhibition Centre.
Integrated Tree Cropping will be the second largest integrated hardwood timber company listed on the Australian Stock Exchange following completion of its acquisition of Vict
FORMER property developer Tony Fini has unveiled an ambitious plan to establish a new tourism venture at his family’s olive grove near Gingin, north of Perth.
