NewsBite

In the Forrest family empire, it’s all a matter of trust

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Key Points

  • Tattarang has been the ultimate parent of most of the Forrests’ interests.
  • Numerous Forrest companies have disclosed they are unsure who controls them.
  • They dispute power has shifted to beneficiaries of the mysterious Peepingee Trust.

It was April last year when the Forrest family made a startling disclosure.

In filings to the corporate regulator, numerous Forrest empire companies – spanning wind generation to nickel mining, farming and property development – said they had misinterpreted the law.

Loading...
clarification

Two paragraphs in this story were amended to better clarify certain terms, including the technical difference between “ownership” and “ultimate holding company” status.

Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/in-the-forrest-family-empire-it-s-all-a-matter-of-trust-20230718-p5dp39