Gunns goes into liquidation

March 05, 2013 The Mercury

CREDITORS have voted to liquidate failed Tasmanian timber company Gunns. About 80 people owed money by the former timber giant attended a second creditors meeting in Launceston today, organised by administrator PBB Advisory. "The creditors resolved unanimously to wind up the Gunns group of companies," PPB's Daniel Bryant told reporters. Mr Bryant said PPB, now the liquidator, would examine whether recovery could include action against former directors. Creditors had been offered little choice after a detailed report from PPB released last week found they were unlikely to see any money. The report concluded Gunns has debts of about $3 billion and recommended liquidation. It said workers' entitlements, totalling about $10 million, would be paid.

The man who pulped the pulp mill

September 28 2012 Lawrence Money The Age

  Bob McMahon vowed a pulp mill would never happen in Tasmania.

When Bob McMahon saw the environmental havoc caused by a pulp mill in Chile he vowed it wouldn't happen in Tasmania.

AT THE height of the Tasmanian pulp mill protest, Bob McMahon's phone would start ringing at 6am and wouldn't stop until midnight. McMahon was the go-to man everyone would call about the $2.3 billion project at Bell Bay first proposed in 2004 by the giant timber company, Gunns.

Back then, the project was hailed by federal government, with then prime minister John Howard pledging to throw in $5 million as a pre-election sweetener. Opposition leader Mark Latham also backed the mill as a big plus for the island state's environment and economy. The Tasmanian government welcomed it, as did the Chamber of Commerce, but McMahon's small band of protesters - under the banner of TAP (Tasmanians Against the Pulp mill) - would not go away and their campaign became one of the longest and most divisive in Australian history.

Tasmanians protest against the pulp mill.

Tasmanians protest against the pulp mill.

McMahon's wife, Susie, says her husband became the voice of the protest movement because he could ''think on his feet''. She recalls the media would often ring early in the morning and McMahon would ''get straight out of bed, open his eyes and give a quote that made sense''.

Their Launceston home became TAP campaign headquarters and month after month, year after year, the couple became a contact point for the community. McMahon, a rock-climbing instructor, grew from a crowd-shy outdoors bloke, a former kid with a stutter, to a leader who addressed hundreds of rallies and meetings so effectively that the 137-year-old Gunns company, also plagued by dropping pulp prices and the high Australian dollar, eventually buckled.

Tasmanian Times Tasmanian Of The Year

We are pleased to announce Bob McMahaon is the 2012 Tasmanian Times Tasmanian Of The Year

Tasmanian Times always supported TAP and our struggle against the pulp mill. Tasmanian Times provides a forum for all of us. We are more than happy to be hosting this year's 'Tasmanian Of The Year Award'. Our guests for the evening are the Tasmanian Times Editor Lindsay Tuffin and previous Tasmanian Of The Year winner Dr Alison Bleaney. Our special guest speaker is Dr Warwick Raverty. Rosevears Waterfront Tavern 215 Rosevears Drive  6.30 for 7.00pm.

SEPTEMBER 25 2012 GUNNS DEAD

 

 

 

 

 


 

 

 

 

 

 

  

September 2012                                              

Gunns has no pulse. They have been in a stock trading halt for so long their share price shows a flat line. Where are their loyal friends now? People like  Giddings, Hodgman, The Examiner, Southern Cross Television, the TCCI and the other rabid pulp mill zealots.

GUNNS PERMANENT TRADING HALT - COMPANY INSOLVENT

Gunns are trying to raise $400 million which is as much as they are losing EVERY YEAR. They are $800 million in debt and they want to make bleached Kraft pulp that is declining in demand by 8% a year. Workers in Brazil making pulp earn 25% of what Australian workers get. Gunns want to make electricity by burning trees although Tasmania now has an electricity glut.

Chandler Dumps Gunns, L'Estrange Blames The Greens

The campaign against the 'Richard Chandler Capital Corporation' investing in the corrupt pulp mill had only just started. Now Greg L'Estrange has blamed the Greens for Gunns failing 'due diligence'. It's about time L'Estrange blamed himself for once. He's not polluting Bass Strait or the Tamar Valley to help Tasmania. If Gunns finds another financier the same thing will happen.

                                     

What The Polls Say

Mercury poll 8 Feb 2012

     

         

 

 

 

 

Mercury February 8 2012                       Advocate February 15 2012


JOHN GAY TO FACE THE SUPREME COURT IN LAUNCESTON ON APRIL 16 CHARGED   WITH 'INSIDER TRADING'


DECEMBER 12 2011- LAUNCESTON CITY COUNCIL REJECTS PECK'S MOTION TO SUPPORT THE PULP MILL

THANKS SUCKERS

 

TAP BLACKFLAGS GUNNS HEAD OFFICE SEPT 15

           

      

GUNNS PULP MILL PERMITS EXPIRED ON AUGUST 30 2011

Gunns have again failed to meet their legislated permit deadline to commence constructio..

TAP PROTESTS AT THE 2011 STATE LABOR CONFERENCE

    

 

 

 

 

 

  

 

 

 

 

 

On Sunday August 7 2011 Prime Minister Gillard and Premier Giddings signed an agreement in the Country Club Casino Launceston, that is supposed to bring peace to Tasmania's bitter forest disputes. TAP was the only group represented there on that wintry morning. TAP also 'black-flagged' the 2011 State Labor Conference on Saturday August 6. We joined nurses, teachers, police and other anti-mill groups including CODE outside the State Labor Conference.

TAP GATECRASHES THE EAST TAMAR HIGHWAY OPENING

    

 

 

 

 

 

On Tuesday June 7 TAP 'black-flagged' the opening of the $70 million East Tamar Highway. TAP outnumbered David O'Byrne and his group of officials at the opening. When the TAP banner 'Gunns Says Thanks' arrived the officials went into a state of visible shock. This 'log truck highway' has always been about Gunns. Most of the water pipeline for their now abandoned mill travels in its corridor. Still unpaid for by Gunns.  

TAP BLACKFLAGS PARLIAMENT

On Wed May 25 TAP blackflagged Parliament House. The Greens presented the PMAA 2007 repeal bill inside at 4pm. Another succesful TAP action that shows the Tasmanian politicians who really runs Tasmania. We do! Predictably the LibLabs voted against the Grens motion and predictably they displayed their support for a non existant project. Does it get any weirder than that?

        

TAP DEMOCRACY BETRAYED RALLY MAY14 LAUNCESTON

 


          WATCH ABCANONFUL'S VIDEO OF THE RALLY ON YOUTUBE