Australia blocks sale of largest farm owner to foreigners
Published 9:16 PM ET Wed, 18 Nov 2015
Concerned it was losing control of its food security, Australia in February slashed the amount beyond which land purchases would require regulatory approval and said a registry of foreign land ownership would be set up.
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Chinese-led deal to buy Australia's biggest farming estate
19 April 2016
http://www.bbc.com/news/36079584
... A takeover had previously been blocked by Australia's Foreign Investment Review Board (FIRB).
It was concerned that part of the property was inside a military weapons testing range in South Australia.
Kidman has since taken the Anna Creek farm out of the sale.
Dakang Australia is to acquire 80% of the farm, while local partner Australian Rural Capital (ARC) will take the remaining 20%.
The sale comprises of areas covering 77,300sq/km - equal to 1% of Australia or an area bigger than Ireland.
klikka á myndina, þá verður myndin stærri.
The Anna Creek farm has been taken out of the sale
- The Anna Creek farm has been taken out of sale -
Stendur á image caption, hér fyrir ofan.
Kidman & Co
Founded in 1899
101,411
sq/km of overall territory
77,300 sq/km to be sold
1% of Australia to change hands
15,000 tonnes of beef carcass shipped globally per year ...
000
slóðir
Jónas Gunnlaugsson | 12. desember 2016
Jónas Gunnlaugsson | 2. maí 2017
Egilsstaðir, 31.08.2017 Jónas Gunnlaugsson
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