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07/02/07
12:56
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they might not let the industry fail but they obviously have serious reservations regarding the 100% tax deductions allowed on non forestry projects
this coupled with the change in super laws will mean investors may look elsewhere instead of agribusiness investments
i cant see why anyone within 10 years of retirement would use a tree for investments when they are fully taxed on the way out when compared with super
TIM has halved in price in last few months and imho has more pain to come
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