'Shark' says was 'business decision' to shift base from Sydney to China

Written by: Super Admin
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Sydney, June 4(ANI): Australia's richest sportsman Greg Norman has said that the decision to shut his only office in the country, and shift his base to China, was a business decision.

"You have to go where the opportunities are to make a statement. We're putting our eggs in a basket where there's going to be tremendous growth," The Daily Telegraph quoted Norman, as saying.

Norman's comments came after suggestions that his company no longer saw Australia as its key Asia-Pacific hub.reg Norman Golf Course Design shut its Australian office in Sydney with at least three long-serving staff, including golf course architect and a 10-year company veteran Harley Kruse, being made redundant.

He further hit out at suggestions that he was abandoning Australia, and said that he would remain a major taxpayer well into the future.

Norman pointed to his wine and beef joint ventures to show he was a big tax contributor, and said: "We ... generate a lot of revenue out of our businesses."

"We do three million bottles of wine out of Australia, we do 90,000 kilos of beef and we've got five golf courses under construction here," he added. (ANI)

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