This final Taxation Determination was issued on 19 November 2008. It was previously released in draft form as TD 2007/D7. Its full title is "Income tax: are bees kept for use in a honey production business trading stock as defined in s 70-10 of the Income Tax Assessment Act 1997?" The answer given is Yes.
The accompanying Law Administration Practice Statement PS LA 2008/4 (GA), issued on the same date, provides guiding principles on how to calculate the value of bees held as trading stock.
For a copy of TD 2008/26, go here
For a copy of PS LA 2008/4 (GA), go here