TPP signed in win for jobs

Australia was one of 11 nations that signed on to the successor to the Trans Pacific Partnership trade deal in Chile last night, just more than a year after the United States pulled out of the original deal.

Devlin tunes up for growth

40under40: Richard Devlin’s business is poised to ride a new wave of development in agricultural research tech.

WA supports International Women's Day

Fourteen females have been inducted into the WA Women’s Hall of Fame today as part of International Women’s Day, while a new report out reveals a spike in female board appointments to start the year.

Board moves: CropLogic, St John of God

Company director and former WA attorney general Cheryl Edwardes has been appointed as the new chairperson for agribusiness CropLogic while St John of God Health Care has appointed Azure Capital managing partner Adrian Arundell to its board.

Quintis receivers expecting offers next month

The receivers of Quintis have sought to retain full control of the sandalwood producer, appointing Primary Securities as an independent consultant and arguing that plans by growers to take control of some forestry schemes would be counterproductive.

Grants drive startups’ next step

Two Perth-based startups have been awarded federal grants totalling about $815,000 to help bring their products to market, as part of the national Accelerating Commercialisation (AC) program.

Wellard heads to calmer waters

Improved margins on live cattle voyages have helped agribusiness Wellard reduce its net loss after tax for the first half of the financial year to $7.5 million, nearly 60 per cent lower than the previous corresponding period.

Fast finish to CBH harvest

West Perth-based CBH Group has recorded a grain harvest of 13.2 million tonnes for the 2017-18 season, well above initial estimates following good finishing rains.

Quintis investors defer vote

A critical ruling by the corporate regulator has forced Quintis investors to adjourn a meeting that was called to appoint a new responsible entity for their 2002 sandalwood project.

Asic blocks Quintis growers’ plan

Quintis investors hoping to appoint a new ‘responsible entity’ to have oversight of their sandalwood project will need to change plans after the corporate regulator said their two preferred entities were not eligible to take the role.

Tax schemes deliver cold, hard truths

The Quintis story is another example of the failure of tax-driven plantation schemes to deliver for investors.

Investors focus on Quintis projects

The Quintis insolvency could play out very differently from other failed agribusiness investment schemes.

Receivers take charge at Quintis

Three partners of McGrathNicol have formally taken control of sandalwood producer Quintis and its Australian subsidiaries after being appointed as receivers and managers today.

Primary, Huntley chase Quintis role

Fremantle-based Primary Securities and Sydney-based Huntley Group are positioning themselves to take over as the responsible entity for Quintis forestry schemes, as investors continue to question the motives of the company’s board and its major noteholder.

Quintis placed into administration

The directors of Quintis have shed light on two restructuring proposals they had been trying to finalise, after announcing on Sunday they had placed the sandalwood producer in administration because of its inability to make a $37 million payment due in two weeks.

Embattled Quintis facing $37m payment

Quintis faces more financial pressure after an investor exercised a put option to sell $37 million of plantations to the troubled sandalwood producer.

Quintis growers call meeting

Critics of sandalwood company Quintis, who are already calling for a spill of current directors, are now pushing to replace the responsible entity overseeing its 2002 project.

CBH doubles surplus on big grain season

Grain handling cooperative CBH Group has more than doubled its operating surplus to $247 million in the year to September 2017 on the back of a big harvest, with grower rebates of $156 million.

Quintis buys $3m of sandalwood

Embattled sandalwood producer Quintis has announced the purchase of $3 million of sandalwood from growers operating on plantations managed by the company.

Quintis opposes requisition

Troubled sandalwood producer Quintis says its board intends to advise shareholders to vote against a series of resolutions to spill the board, while also announcing a one week extension on its forbearance agreement.

Spill move for Quintis

A group of Quintis shareholders has requisitioned a general meeting to spill three directors, including chairman Dalton Gooding, with avocado grower Craig Duncan, Kimberley Development Commission director Robert Boshammer and property developer John Allen nominating for roles.