Treefarm Investment Managers Australia changes

Friday 28 Mar 2008

 
Treefarm Investment Managers Australia (TIMA) has made a small change to its name, and has set up as a stand-alone national organisation after seven years as a special interest branch of Australian Forest Growers, while maintaining the same close alliances. Known as Treefarm Investment Managers Association Ltd since 1 January this year, TIMA is the national organisation representing the plantation forestry investment sector of the Australian forest industry.

TIMA continues to focus particularly on the regulatory environment that underpins private plantation investment, namely tax law and corporations law, and the actions of the regulatory agencies such as the Australian Taxation Office (ATO) and the Australian Securities and Investments Commission (ASIC). TIMA also complements and supports the community relations activities of its member companies, and represents the special interests of plantation forestry investment in various forums.

TIMA is committed to achieving greater cohesion in forest industry representation. Although it may seem counter-intuitive to create yet another national industry body, the TIMA members - including the major forestry managed investment scheme companies; Willmott Forests, Timbercorp, ITC, Great Southern and Forest Enterprises - decided they would be more effective in bringing the industry closer together by being independent first, and then forging more cooperative relations among the associations through a series of MOUs, which are currently being negotiated.


Share |


Copyright 2004-2024 © Innovatek Ltd. All rights reserved.