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Feds may limit managed investment schemes
4 Jul 2006
Agriculture minister Peter McGauran said the expansion of tax-advantaged primary producers, that used to engage only in timber plantations, into new segments, “was of enormous concern”. Investment researchers Adviser Edge estimate that managed investment schemes raised $1.2 billion in the last financial year, double the level in 2005. These schemes are now developing projects in product such as olives, citrus and avocados.
Financial Review, 04/07/06
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