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Tax breaks drive agricultural investment boom
2 Jun 2005
Managed agricultural projects expect to attract more than $1 billion in new investment this financial year. Perth-based Great Southern Plantations said it was on track for $400 million in investment this year, up from $240 million in 2004. Great Southern said it attracted investment for $41 million of vineyards and olive groves in the past two months. It expects to sell around 35,000 hectares of its biggest product, eucalypt plantations, or 10,000 hectares more than last year.
West Australian, 02/06/05
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