Graziers’ Investment Co bailout

Annabelle Cleeland
Updated May 25 2017 - 5:18pm, first published 12:40pm
Senator Chris Back's line of questioning toward AWI aimed to clarify the relationship with the Graziers' Investment Company and whether shareholders would receive any of the $20m worth of assets. Photo: Colin Bettles
Senator Chris Back's line of questioning toward AWI aimed to clarify the relationship with the Graziers' Investment Company and whether shareholders would receive any of the $20m worth of assets. Photo: Colin Bettles

AUSTRALIAN Wool Innovation’s (AWI) chiefs are doubtful shareholders of Graziers' Investment Company (GIC) will receive a slice of the dormant company’s $20 million bank balance once liquidation is finalised.

Annabelle Cleeland

Annabelle Cleeland

National Sheep & Wool Writer

Annabelle Cleeland is Fairfax Media’s national sheep and wool writer. Annabelle joined the Fairfax team in 2012 to nurture her love of Australian agriculture. She began as the Victorian western district reporter at Stock & Land before taking on a senior position as a journalist reporting on all industries statewide. Annabelle’s appetite to report on issues which affect the sheep and wool industry has seen her travel to many parts of Australia and abroad. She is excited to spin industry yarns during a period of substantial demand for the sheepmeat and wool industries. Annabelle enjoys horse riding and climbing mountains, and is a lazy supporter of the Geelong Football Club.

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