21 May

Australian Olive industry says MIS collapses won’t hold it back

The Australian Olive Association says the demise of orchard managers Timbercorp and Great Southern does not spell the end of the olive industry.

Managed investment schemes account for the majority of Australian olive production, and sparked the industry’s rapid growth over the past decade.

The Olive Association’s Paul Miller says the industry is now big enough to attract interest from other sources.

“We’re seeing enquiry from places like Indonesia,” he says.

“I’m hoping that our experience to date has started to put some runs on the board, and these people have now got some numbers and figures on which they can judge success and make some investment decisions.”

[Source] Click here

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