The Treasury
“Cost is a fraction of value created.”
Hillview Park is the worked example. The figures below are the indicative post-attestation operating case, drawn from the project plan for the year ending March, on a freehold and leasehold footprint of 910 hectares. Land appreciation excluded; the gap is the modelled annual return on the practice change alone, contingent on the issued attestation.
Cost A$565,000. Indicative outcome A$1.84M. Co-benefits A$469,000.
These are the indicative figures from the project plan for the year ending March — Hillview Park’s 910 hectares, post-attestation operating case.
Land appreciation is excluded from the gap. The gap is the modelled annual return on the practice change alone, contingent on the issued attestation.
Indicative NPV at ten years, post-attestation · A$22.4M.
The horizon figure is what the dispatch keeps coming back to. It is the indicative ten-year case for one farm, one method, one cycle of audits — extrapolated cleanly through the project plan.
After expert, supplier and operator costs, the platform takes 15%. The rest goes to treasury, then tax. Forward-looking; subject to the issued attestation and disclosures in the IM.
Indicative NPV at ten years, post-attestation · A$22.4M.
We pay the soil first — fixed at 15% out of the waterfall, residual into trust.
A treasury that does not draw down is a promise kept to the next generation: what the land earns, the land keeps, and what it keeps becomes the inheritance.
The dispatch returns to this sentence at every audit cycle. It is the spine.
Vignelli editorial · single horizontal hairline ledger row “Cost · Indicative · Co-benefits · Net” with figures set in tabular Open Sans 12pt, single gold rule under the totals row, “indicative · post-attestation” set in 8pt italic to the right.
Cost is a fraction of the value modelled to be created.