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CowBank a tale of milk and money
11 Nov 2005
CowBank, a Melbourne-based agribusiness finance company, specialises in leasing dairy cows. It has 24,000 dairy cattle on its books. CowBank says if a farmer can grow the grass to feed a larger herd, there’s no need to breed their own herd over several years, but can lease the extra cattle and convert that grass into milk and money. A $1000 cow costs $20 a month to lease, and the lease payment is tax-deductible.
The Australian, 11/11/05
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