Archives of News

Respected corporate accountant to bolster Alterra board

By Matt Birney for Businessnews Alterra has strengthened its board as it continues to build agricultural business opportunities with the appointment of experienced corporate accountant John Palermo as a non-executive director. Mr Palermo has over 22 years’ experience in public practice and corporate accounting with a focus on corporate transaction execution, strategic business management and business […]
6 years ago

ASX release – Alterra Appoints John Palermo as Non-Executive Director

Mr. John Palermo  Alterra is pleased to announce the appointment of Mr John Palermo as Non-Executive Director, effective 12 June 2019. Mr Palermo is a Chartered Accountant with over 22 years’ experience in public practice and corporate accounting with areas of expertise including corporate transaction execution, strategic business management and business structuring. Mr Palermo is […]
6 years ago

Alterra MD Oliver Barnes: ‘Western Australia like California 30 years ago, best opportunities for investment in WA’

By Daniel Kemp for the Agri Investor Western Australia is home to several compelling investment opportunities and is attracting interest from North American institutional investors, the managing director of WA-based asset manager Alterra has told Agri Investor. “Right now, generally in Australia we’re seeing more interest and activity from the North American funds, predominantly because […]
6 years ago

The West Australian: Alterra to add value to agriculture

By Jenne Brammer for The West Australian New Alterra chief executive Oliver Barnes. Picture: Justin Benson-Cooper Perth-based Alterra plans to make its first transaction within six months, as the ASX company repositions itself to capture strong institutional investor demand for WA agriculture. Alterra, which de-merged its Carbon Conscious business this year, is developing investment-grade agriculture assets by […]
6 years ago

Alterra builds capabilities with new technical partner

By Matt Birney for Business News Western Australia Alterra’s new technical partner Tyson Bennett WA agribusiness player Alterra continues to strengthen its offering with the ASX-listed company reaching an exclusive technical partner agreement with horticultural expert Tyson Bennett and his Perth-based company Chemicals Direct. Mr Bennett specialises in the outperformance of high-value tree crops through […]
6 years ago

Future Fund director joins agribusiness minnow with big water plans

By Brad Thompson for Financial Review  Future Fund director John Poynton sees fresh water as a vastly undervalued and under-utilised asset in Western Australia at a time when political and industry debate is raging in the eastern states over allocations from the Murray-Darling system. In a surprise move, Mr Poynton has agreed to chair the advisory board of Perth-based […]
6 years ago

Alterra appoints financial veteran to chair advisory board

By Matt Birney for Business News Western Australia Alterra has appointed Future  Fund Board of Guardians and Crown Resorts director John Poynton as the founding Chair of it’s advisory board as the company focuses on the development of underutilised and undercapitalised land and water assets in WA. Future Fund is an independently managed sovereign wealth […]
6 years ago

Alterra engages agricultural veteran as new MD

By Matt Birney for Business News Western Australia ASX listed Alterra is laying the groundwork for the expansion of its agribusiness with the appointment of veteran agricultural executive Oliver Barnes as the incoming Managing Director to strengthen its executive team. This follows the successful demerger of its carbon forestry business that it will continue to manage under contract. Mr Barnes will […]
6 years ago

Alterra to demerge carbon forestry business

By Matt Birney for Business News Western Australia ASX listed Alterra is taking a page out of Wesfarmers’ playbook with a proposal to demerge its carbon forestry business and focus on the development of its agribusiness products. Wesfarmers’ demerger will effectively create two companies, a lower growth but cash generating business in Coles and a […]
6 years ago