|
|
|
Timbercorp (Single Payment) Timberlot 2007-2008 Project |
|
Cash Rebate |
8.25% |
|
Closing Date |
CLOSED |
| Minimum
Investment |
$8,400 (ex
GST) |
| Term of Project |
9-13 years |
|
Research |
 |
AAG (693kb) |
 |
|
ATO Product Ruling |
2006/143 |
|
Telephone: |
1800 628 188 |
|
Fax
(Melbourne) |
(03) 9670 4271 |
|
Fax
(Perth) |
(08) 9481 0582 |
|
Fax
(Brisbane) |
(07) 3510 9899 |
|
Fax
(Sydney) |
(02) 9223 1399 |
|
Fax
(Adelaide) |
(08) 8431 7995 |
Since
1992, Timbercorp has raised more than $1
billion in funds invested into
agribusiness projects by more than
15,000 investors from around Australia.
Timbercorp
currently manages:
|
• |
more
than 91,000 hectares of eucalypt
plantations; |
|
• |
one of the world’s largest olive groves on a single site; |
|
• |
the
largest single managed almond orchard
estate in Australia; |
|
• |
1,250
hectares of citrus orchards; |
|
• |
412
hectares of table grape vineyards; |
|
• |
650
hectares of mangoes; and |
|
• |
950
hectares of avocados. |
Timbercorp is
an ASX/S&P 200 listed company with net assets in
excess of $444 million at 30 September 2006. The
Timbercorp group of companies has been
established for 14 years and have built a strong
financially sound business to ensure that they
manage your investments throughout the project
term. They are a market leader in agribusiness
investment with a proven track record.
The 2007/2008 Timbercorp (Single Payment)
Timberlot Project is an opportunity to
participate in sustainable eucalypt plantation
forestry to supply wood to the world’s fine
quality paper-makers.
The Project gives you an environmentally
friendly way to create income for the future and
take advantage of tax benefits.
Interests in the 2007/2008 Timbercorp (Single
Payment) Timberlot Project will only be issued
on receipt of an application form attached to or
accompanying the 2007/2008 Timbercorp (Single
Payment) Timberlot Project Product Disclosure
Statement (PDS) dated 5 December 2006. A copy of
the PDS may be obtained by downloading a copy
from this page.
Growers will be kept updated with developments
concerning the Project, including developments
in marketing, market trends, confirmation of the
implementation of the Project as set out in the
Product Rulings, and compliance with any
relevant changes to the tax law. |
 |
|
|
|
|
|
Product Disclosure Statement PDS (4.40mb) |
|
|
MultiChoice Application (217kb) |
|
|
Loan Explanation Terms (140kb) |
|
|
Finance Terms (35kb) |
|
|
Loan Application Form (285kb) |
|
|
 |
|
|
|
THE OPPORTUNITY
|
• |
A
commercial investment in sustainable
eucalypt plantation forestry with
established end markets |
|
• |
100% tax
deductible supported by ATO Product
Ruling PR 2006/142 |
|
• |
No ongoing
annual costs other than insurance if
choose to insure |
|
• |
Build
wealth through after tax returns |
|
• |
8 – 12
year term |
|
• |
Flexible
finance terms |
|
• |
Well
established Project Managers with track
record in delivering project returns |
|
• |
The use of
best available high value species on
forestry land |
A well managed
agribusiness venture is a specialised activity
outside of the traditional investment classes.
Undertaken on a large scale, it can provide
attractive returns and form a valuable part of a
diversified portfolio.
Timbercorp is one of Australia’s leading
agribusiness investment manager.
Timbercorp source, fund
and manage high quality, large scale
agribusiness projects for investors looking for
superior returns and proven tax savings.
The 2007/2008 Timbercorp (Single Payment)
Timberlot Project is an opportunity to
participate in sustainable eucalypt plantation
forestry to supply wood to the world’s fine
quality paper-makers. The project gives you an
environmentally friendly way to create income
for the future and take advantage of tax
benefits.
HOW DOES THE
PROJECT WORK?
You will commence a plantation forestry business
and become a grower of Eucalyptus globulus to
supply wood fibre to established markets in paper
manufacturing by:
|
• |
leasing
three or more identifiable allotments of
land of approximately 1/3 of a hectare
each, called Timberlots; and |
|
• |
engaging
Timbercorp Securities Limited to
establish and maintain a Tasmanian
Bluegum plantation on your Timberlots.
Timbercorp will then harvest and market your
wood at the end of the 8-12 year term
for the maximum price we can obtain. |
|
WHAT FEES ARE PAYABLE?
Application Moneys: $3,080 (inclusive of
$280 GST) per Timberlot
Annual Fees: There are no ongoing annual
fees during the term of the project, other than
insurance if you to choose to insure
Fees post harvest and sale: Following the
harvest and sale of your wood, the following
fees will be deducted from your proceeds:
a) your share of harvesting, processing,
delivery and sale costs; and
b) an amount equal to 6.6% (inclusive of GST) of
net proceeds for maintenance (3.3%) and rent
(3.3%) during the term of the Project
Timbercorp's Project
Investment Criteria
In choosing crops for projects, Timbercorp draws
on almost two decades of experience in
establishing some of Australia’s largest and
most successful agribusiness projects. That
experience has defined key selection attributes,
essential when striving to deliver sound
commercial returns. These attributes are all
clearly present in the 2007/2008 Timbercorp (Single Payment) Timberlot
Project.
|
CRITERIA
|
HARDWOOD CHIP |
|
1 Secure End Markets |
|
Established sales channels in
growing domestic or export
markets and the availability of
strong alliance partners with
existing market relationships.
|
Global: 22.1m
bone dry tonnes
Australian: 4.59m bone dry tonnes
Domestic (12%): pulpwood
production
Export (88%): Japan, Taiwan,
Korea, Indonesia and China. |
|
2 Strong Industry
Fundamentals |
|
Detailed analysis of global supply and
demand fundamentals that indicate
long-term strength in prices. |
Demand is expected to exceed supply of hardwood chip for the foreseeable future,
particularly in the Asia Pacific region, with rising paper consumption and continued
restrictions on logging of native forests. China is emerging as a key market with its paper
industry forecast to continue to boom over the next decade and beyond. |
|
3 Project Management |
|
Operational management by
industry specialists with superior
track records of performance.
|
Timbercorp Forestry is a wholly owned vertically integrated operation.
It has eight years’ plantation management experience and a track
record in delivering project returns. |
|
4 Competitive Advantage |
|
Large-scale projects in
quality produce with enhanced
technologies and sophisticated supply
chains to deliver lower costs and
marketing advantages. |
Fully integrated wood fibre production with harvesting & infield processing equipment.
Excellent environmental credentials including accreditation of the internationally recognised
and prestigious Forest Stewardship Council (FSC) certification, ensuring a premium position
in the global wood fibre market. |
|
5 Location |
|
Quality and quantity of
suitable land with the right climate,
soil, water and transport
infrastructure. |
Green Triangle
(Vic/SA) and Albany (WA) regions
Acknowledged high rainfall areas suited
to tree farming,
with close proximity to export
facilities at deep-sea ports. |
FACTORS AFFECTING PROJECT
RETURNS
There are a range of factors that affect returns
of agricultural projects, most of which are
beyond Timbercorp's control. Accordingly,
Timbercorp
have elected not to provide forecast returns for
the Project; nor have they provided an estimate of
the total return on your investment.
For more information relating to the factors
affecting the Project returns, please refer to
the discussion set out in section 10 of the PDS.
This information will provide you with
sufficient material upon which you can make your
own assessment of the merits of investing in
this Project.
TIMBERLOT EVOLUTION
A Timberlot has an area of 0.33
hectares. On average each Timberlot is capable
of producing 83.3 cubic metres of Wood in a
single rotation. Your Timberlots will be located
on forestry land that Timbercorp own or lease within
150km of Bunbury or Albany, Western Australia or
200km from Portland, western Victoria.
The development and harvesting of a Timberlot
involves the following steps:
1 Site evaluation and planning
2 Land is prepared for planting
3 Seedlings are planted
4 Timberlots maintained over the life of the
project
5 Trees felled, delimbed and debarked
6 Logs are extracted
7 Logs are chipped with in-field chipping system
8 Chips are transported to a receiving,
stockpiling and loading facility at port prior
to export
DISCLAIMER
This document is a summary
only. Please ensure you read the PDS in full
before you decide whether to invest in the
2007/2008 Timbercorp (Single Payment) Timberlot
Project. Product Ruling PR 2006/142 is only a
ruling on the application of taxation law to the
specific arrangements described in the Ruling as
at the date the Ruling was issued and is in no
way a guarantee or endorsement of the
reasonableness or viability of the Project.
This document contains general financial product
advice only and does not take into account your
investment objectives, financial situation or
particular needs. Before investing you should
assess the suitability of the investment to your
needs, consider the PDS and consult an
Australian Financial Services Licensee or other
suitably qualified adviser if necessary.
No person or corporation associated with
Timbercorp Securities Limited (AFSL 235653) or
Timbercorp Limited guarantees, warrants or
underwrites the performance of the 2007/2008
Timbercorp (Single Payment) Timberlot Project or
any particular return. |
|
Simply download an Investment
Brochure/PDS above. It’s that easy! |
|
