and it just keeps coming, page-6

MIS leaseholder demands rent payment

Friday, 10/07/2009

A Great Southern leaseholder in south-west Victoria says he will not allow blue gum plantations on his land to sit there indefinitely without payment of rent.

The collapsed agribusiness went into voluntary administration in May, and has now been declared insolvent.

John Diprose has a substantial amount of land leased near Hamilton to Great Southern, and is now owed thousands of dollars in rent from the company.

Mr Diprose says if his tenant doesn't remove its asset from his property, then they'll lose it.

"If they want to remove their asset, well then they've got a period of time in which to do that," he says.

"I suspect that they're not likely to do that because, in our case, the trees are only four years old. If people want the trees, then their going to have to pay accordingly."