AFPA recognises the adverse impacts the unintended collapse of many forestry MIS companies had on many investors at the onset of the GFC, and is committed to working constructively with Governments, the industry and the finance sector to improve the financial due diligence and operation of the forestry MIS structure in combination with the plantation taxation arrangement. In addition to the damaging and disruptive effects the collapse of many forestry MIS companies had on investors, these impacts were also felt across the broader plantation forest products industry.
Senate Standing Committee on Economics Inquiry into Forestry Managed Investment Schemes