Rumour is that the tax office will likely come out with a 12 month 'transition' period sooner rather than later. This is the worst case scenario for TIM GTO etc who had asked for three or four years! Better than no transition period I guess but it gives them time to go crazy on water and land for 12 months at their punters expense.
Then following on from that most of the total investment now going into all the various agri MIS schemes will begin to flow into forestry.
Not too hard to predict what happens then! The price of high rainfall dairy land round the coast will shot to the moon and the then government of the day (quite likely not Liberal at this stage) will use that as the excuse to dump forestry MIS as well.
What a shambles and all desined by the Federal Government from the get go. No wonder people like the Federal Ministers who are doiung this went into politics rather than business!
TIM Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Not Held