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 Triabunna site 'sold' to Cameron consortium 

Triabunna site 'sold' to Cameron consortium

13 Jul, 2011 10:57 AM

Gunns has sold its Triabunna woodchip mill to a consortium owned by entrepreneurs Jan Cameron and Graeme Wood for a reported $10 million.

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Ms Cameron, the multimillionaire founder of Kathmandu clothing and the owner of the Chickenfeed franchise, today confirmed she had bought the site with Wotif founder Graeme Wood.

The consortium, Triabunna Investments Pty Ltd, is expected to turn the site into a tourism operation.

It is understood that the contracts for the sale are being finalised.

Gunns has reportedly sold the mill is reported to the company for $10 million.

FULL COVERAGE IN THE EXAMINER TOMORROW

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Rats!! There goes Kim Booth's no confidence motion in the labor government!!
Posted by Tim , 13/07/2011 11:25:44 AM, on The Examiner
This confirms the death of the town of Triabunna and will have serious flow on effects for other towns reliant on the southern timber industry. Hard to see how any tourism development on the east coast of Tasmania could get up right now. All the tourists deserted Tasmania long ago. It all plays into the Government hands as there can be no justification for schools and Government services in ghost towns.
Posted by Harry, 13/07/2011 11:45:13 AM, on The Examiner
This is the saviour of a dead town walking. it will have serious beneficial flow on effects for Maria Is and Orford. The toursists will flock there over the next 10 years. The schools will be more than justified as the students will have an incentive to go on, maybe even past year 9 or 10! Tourism jobs encourage schooling more than forestry. It will be the Strahan experience all over again.
Posted by Tassie ted, 13/07/2011 12:04:24 PM, on The Examiner
At least as tax payers we can be rest assured that our money won't end up being "put through the mill" which would have been the outcome if the governments complicated, but unravelling, loan deal had come off.
Posted by Just me, 13/07/2011 12:15:20 PM, on The Examiner
Far from the death of the town, a sensitive scale sustainable tourism development would be an absolute blessing for the area. Harry, hard to see how a tourism development could get up right now? Are you seriously suggesting that an unviable chip mill and flailing timber industry is all the East Coast can look forward to?
Posted by meh, 13/07/2011 12:18:52 PM, on The Examiner
when was the last time any productive employment came from triabunna ? my understanding is the staff were stood down long ago and gunns were going to close it down if it could not be sold. despite lara giddings statements that the mill was critical to the survival of southern forestry, she chose political survival for her government !!, that in itself tells you much about where her priorities are. i say to triabunna people embrace the concept of a major tourism centre as it will bring jobs and visitors to the area and not just for the high rollers and ex politicians who play golf.
Posted by johnno, 13/07/2011 12:22:28 PM, on The Examiner
It would really be great if the hardnosed foresters and chippers could turn their narrow minds in another direction. There is LIFE after woodchipping, there is no need for a town to die because things didn't go the way of the forest destroyers. Also before the pessimists come out in force, why not wait and find out exactly what is happening before being so negative? I for one am glad that it WILL eventually become a tourist town.
Posted by Tamar resident, 13/07/2011 12:32:36 PM, on The Examiner
Harry I disagree, there is more to Triabunna than woodchips - it's in a stunning location close to hobart and the peninsula and many in Tasmania care about supporting it to change.. If chips were such a viable industry someone with deeper pockets would have bought it .

No long term survival on the tax payers teat. We won't even have enough money to pay old age pensions in coming years. The industry now has no excuse to say " we didn't see it coming".

Time to be smarter - and we all know thats hard work.

Posted by seabird, 13/07/2011 12:33:15 PM, on The Examiner
Great, that will be fantastic for Triabunna - all the people that worked in the mill will now be able to get jobs as reception staff or cleaners - pfft, i dont think so.. What happened to Aprin buying it?
Posted by Reefy, 13/07/2011 12:41:31 PM, on The Examiner
.....HOORAY!
Posted by Jim (Guy Fawkes) Collier, 13/07/2011 1:25:23 PM, on The Examiner
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