Bundy billionaire clan s $40m land buying spree | Sunshine Coast Daily sunshinecoastdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunshinecoastdaily.com.au Daily Mail and Mail on Sunday newspapers.
The Greensills have snapped up more than $40m of land in the Bundaberg region over the last five years as they expanded their agricultural operations into one of the biggest in the state. The acquisitions have allowed the Greensills to expand their broadacre production of sweet potatoes, peanuts and cane to gain lucrative supply contracts with national food brands including Coles, Bega and Edgell. But there are worrying signs the operations could be collateral damage in the fall out from the Greensill Capital collapse, with signs the farms are under some financial pressure. Greensill Capital was worth an estimated $7bn before it collapsed and entered voluntary administration on Tuesday morning.
Bundy billionaire clan s $40m land buying spree noosanews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from noosanews.com.au Daily Mail and Mail on Sunday newspapers.
Business by Glen Norris
Premium Content  Among the commuter flights landing at Bundaberg Airport in late January was a million-dollar private jet owned by the Greensill clan. The twin-engine Cessna 550 Citation Bravo, which was one of several Greensill private jets, had over the years made regular visits to the sugar city that remained the corporate headquarters of Greensill Capital, the family s financial empire. But that January flight would be its last, with the billion-dollar business founded by Lex Greensill now in tatters. Earlier this month, the Cessna was transferred to a company controlled by the founder of Brisbane-based Alliance Airlines. Another jet, a Dassault Falcon registered in the Isle of Man, also has been sold as part of a fire sale of assets.
Jet-setting family s billion-dollar business in tatters cqnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cqnews.com.au Daily Mail and Mail on Sunday newspapers.