Great Southern Group

Great Southern Group

Jesse Russell Ronald Cohn

     

бумажная книга



ISBN: 978-5-5106-0399-6

High Quality Content by WIKIPEDIA articles! Great Southern Group (ASX: GTP) is a group of Australian companies that is notable as the country`s largest agribusiness managed investment scheme (MIS) business. The company was founded in 1987 and became a public company in 1999. It expanded its MIS business rapidly in the 2000s, supported by favourable tax regulations for these types of investments. Most of the Group`s business was in plantation forestry to supply woodchips for the pulp and paper industry, but in the 2000s it diversified into high-value timbers, beef cattle, olives, viticulture, and almond production. The company`s after-tax profit peaked at A$132 million in 2006, but by 2008 had deteriorated to a A$63 million loss.