The land grab

Dear Members of Parliament

As you probably know Great Southern Plantations Limited have now joined the land grab by forest operations companies in Tasmania and are now paying $5000 per hectare. Only the prime cropping and dairying properties are outside their grasp at this stage. What happens when milk prices take a dive and/or vegetable growers suffer another blow before they have a chance to get off the canvas? It may be too late to act at that stage.

Taxation of plantation forestry

 

The following is a response to the public invitation to make a submission to the Review of the Taxation of Plantation Forestry. http://archive.treasury.gov.au/contentitem.asp?NavId=037&ContentID=997

It is not intended to be an exhaustive treatise, rather some comments from one who is interested in economic policy issues, is a tax practitioner and who resides in an area that has experienced the impact of tree plantations in recent years. References to the 1936 Act and the 1997 Act are obviously references to the Income tax Assessment Acts of those particular years.