MIS collapses
Protect plea on timber
TIMBER industry representatives want the corporate regulator to protect the interests of investors by appointing alternative managers to collapsed forestry and agriculture companies Timbercorp and Great Southern.
Timbercorp rent fiasco
INVESTORS in Timbercorp's forestry projects liable for more than $14 million in unpaid rent stand to lose their investments in plantations worth tens of millions of dollars.
Timbercorp forestry awaits fate
THE administrators of troubled agricultural projects manager Timbercorp Ltd say they have not yet determined if the company's forestry projects are still viable, or insolvent like its olive and almonds projects.
Great Southern investor fear
INVESTORS in timber company Great Southern fear they will be left with nothing following the collapse of the managed investment scheme company.
MIS tax deals unfair: review
UPDATE: MANAGED investment schemes are getting unfair tax treatment, a Treasury review of non-forestry MIS has concluded.
Joint probe into MIS schemes
MANAGED investment schemes in agriculture are to be investigated by a committee of both houses of federal parliament in the wake of the collapse of Timbercorp and Great Southern.
Government to shake up MIS
MANAGED investment schemes could be subject to tougher regulation in the wake of the collapse of Timbercorp and Great Southern.
Investors confront Great Southern
UPDATE: ABOUT 400 angry creditors and investors attended the first administrators meeting for troubled timber company Great Southern today.
End MIS tax breaks - Senator
THE Federal Government must put an end to the "obscenely generous" tax write-offs for managed investment schemes, independent Senator Nick Xenophon says.
Swan eyes Great Southern fall
THE Federal Government is looking at the policy implications of the collapse of managed investment scheme giant Great Southern, Treasurer Wayne Swan says.
MPs still divided on future of MIS
MANAGED investment schemes will not end any time soon if the stance taken by federal and state MPs is any indication.
Investor ire on Timbercorp
ABOUT 2000 Timbercorp grower-investors vented their anger at a meeting in Melbourne last week when told their 98,000ha of tree plantations were uninsured.
MP Bernie Ripoll to head joint parliamentary probe into MIS investment schemes.