Wheat board prepares for a trade revolution

Article Abstract:

The Australian government is exiting the nation's wheat industry by listing the Australian Wheat Board (AWB) with the stock exchange. The AWB has sales of around $4 billion per year and 62,000 shareholders, and is expected to rank instantly in the top 50 stocks. About A$550 million will be raised for capital via a 2% wheat-selling levy, and creation of AWB Ltd. is planned for 1999.

Economic Programs, Administration of Economic Programs, Wheat, Wheat Farming, Economic policy, Securities, Australian Wheat Board, Wheat industry

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Self-managed stupidity

Article Abstract:

Issues are presented concerning the need to improve the management of the Australian government's national retirement policy. The taxation of superannuation funds and the popularity of self-managed schemes are discussed.

Management, Taxation, Column, Pension funds, Individual retirement accounts, Tax policy

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Tree plantations enjoy a surge of investor growth

Article Abstract:

Forestry investment is becoming increasingly popular in Australia. Tree-investment schemes offer tax-deductability, and investors anticipate a large income from polluters wishing to purchase their carbon credits.

Investments, Beliefs, opinions and attitudes, Forest products industry, Investors

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