, including claims of animal welfare abuse and overstocking of cattle that is causing effluent systems to fail and damaging nearby waterways.
He said he was disgusted that it took authorities so long to take action. “Why did it take so long to get off their arses and come down? There’s still a lot to do to get this mess up. It’s about a band aid solution at the moment.
For the $280 million sale of Van Dairy to go ahead to foreign buyers it needed approval from then-treasurer and current Prime Minister Scott Morrison and FIRB.defending his decision. “The new owner has guaranteed all 140 jobs and committed to an additional $100 million investment in the business, which will create a further 95 jobs. This means jobs and economic growth in Tasmania. In addition, there are no national security issues,” he wrote.
Speculation is that Melbourne-based Prime Value Asset Management is in discussions to buy some of the farms, however it failed to return calls by deadline. Prime Value runs a series of equity and alternative investment trusts including a dairy trust, which it set up in 2019. In 2020 its emerging opportunities fund was one of the best performing funds.
adele_ferguson This is both sad and disgusting. At least if TasFood (Investment Fund) had been able to purchase it - there is a good chance it wld have been run to Aussie standards. auspol
adele_ferguson The issues for me here are ethical farm management, animal welfare, protection of the environment. Where are the state and federal regulators? When are they going to step in?