Graziers’ Investment Company liquidates

Annabelle Cleeland
October 13 2017 - 6:00am
Following the fallout from the woolgrowers’ dismissal of the Australian Wool Research and Promotion Organisation (AWRAP) board at Goulburn in 1998, GIC was established in 2000.
Following the fallout from the woolgrowers’ dismissal of the Australian Wool Research and Promotion Organisation (AWRAP) board at Goulburn in 1998, GIC was established in 2000.

AFTER a decade-long battle to claw back from $96 million in debt, Graziers’ Investment Company (GIC) has entered into a Members Voluntary Liquidation, marking the end of the historic era of the industry’s failed reserved price scheme.

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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