Kohler: The last GFC shoe to drop?The charges against Centro’s executives will have significant repercussions for future class actions. Expect an ASIC announcement exempting class actions having to register as managed investment schemes, writes Alan Kohler.
Managed investment schemes
Nats don’t mind a rural rort, as long as it goes to their constituents
The collapse of Timbercorp and Great Southern is at least partly the consequence of the Howard Government’s attempts to regain control of agricultural managed investment schemes.
Be prepared for surging food costs, cost of living to follow
Australians have been warned to prepare themselves for “some serious inflation” in our cost of living because of surging food costs, writes Glenn Dyer.
Cattleman: Farmers not profitting from water rights
Crikey’s report on farmers selling their water rights for handsome profits doesn’t ring true in the case of my farm and district, writes cattleman Ian Dunn.
Making hay in the dry: farmers turn water into profit
The big dry is increasing the value of water and there are some big, big winners, writes Lionel Elmore.
Praise the woodchips and pass the backpackers
Australia’s largest promoter of forestry-based Managed Investment Schemes—Great Southern Plantations—has been using unskilled foreign backpackers to carry out sensitive land clearing operations, writes Henri Ivrey.
Six years after HIH, financial guarantees unresolved
As Northern Rock implodes into a colourful curiosity of the repercussions of the US sub-prime crisis, there may be a lesson or two for bank regulators in Australia.
Plantations tax and Gunns Ltd
The supply of quality sawn timber from Australian trees — as distinct from the commodities of woodchips and pulp — looks more bleak than ever, writes Native forest owner John Maddock.
Crikey’s NRL Hot Form Chart: Round 22
Round 22 NRL action saw thrillers and thrashings; grapples and gripes; and at the end of it all, powerful portents in Crikey’s NRL Hot Form Chart.
Bridgecorp: and then there were four — and counting
“Bridgecorp is a company with a commitment to excellence. If you are an investor or borrower, you will not be disappointed,” says managing director Rod Petricevic on Bridgecorp’s web site. Hey, Rod, wanna bet?
