Administrators in control of Western Australian agricultural advocacy organisation, The Pastoralists and Graziers of Western Australia Inc. (Administrators Appointed) (PGA) will begin finalising their appointment as voluntary administrators after creditors accepted a Deed of Company Arrangement (DOCA) proposal.

The proposal was accepted at the second meeting of creditors, held in Perth on Friday, 7 March. RSM Australia Partners Jerome Mohen and Greg Dudley were appointed as Joint and Several Voluntary Administrators of the PGA on 30 January 2025. 

Mr Mohen said the decision provides a path for the PGA to clear debts with creditors and exit voluntary administration. 

“The PGA Executive and Committee, all of whom are volunteers, have been committed throughout the administration process to ensuring the PGA’s important services to the agriculture sector continue, and committed to finding a path for the organisation to exit administration,” Mr Mohen said. 

“It’s pleasing to now have that path cleared following today’s meeting.”

“We recognise that this outcome is important for the PGA and its creditors, and also important for its members and the wider agricultural community too given the significant role the PGA has played in advocating for the agricultural industry for more than 100 years.” 

Mr Mohen said the outcome reinforced the importance of positive engagement when businesses were faced with significant financial stress. He commended the volunteers of the PGA for the proactive manner in which they addressed a stressful and trying time for the organisation.

“As a result of proactive engagement from the PGA Executive and Committee, we’ve been able to put forward a timely solution which provides a better outcome for both the organisation and creditors,” he said. Administrators will now work with the PGA Executive to return control of the PGA back to the Committee in the coming weeks and distribute the Deed Fund to creditors

 

For any media enquiries, please contact:

Helen Carvosso
RSM Australia
[email protected]
08 9261 9327
0429 126 336