Insights and Stories on Foreign Ownership

Apr. 10, 2015 at 12:14 pm CDT

Sydney | Reuters — Australia’s largest private land owner will sell its cattle operations, including the world’s largest ranch and an area equivalent in size to South Korea, to raise cash for other businesses and investments. S. Kidman and Co. said it will sell its privately owned 11 cattle stations […]

By Colin Packham

Mar. 5, 2015 at 6:47 pm CST

Canberra | Reuters –– The Australian government has sided with farmers who say official data vastly underestimates foreign ownership of the nation’s farmland, as it moves to clamp down on overseas purchases of agricultural land. Foreign ownership is a key concern for many farmers, a crucial part of the conservative […]

By Colin Packham

Feb. 12, 2015 at 7:24 pm CST

Sydney | Reuters –– Australia tightened rules on Wednesday over foreign ownership of its agricultural land amid concerns that it is losing control of its own food security, slashing the amount beyond which land purchases would require regulatory approval. From March 1, foreign purchases of agricultural land over A$15 million […]

By Colin Packham