The Australian Treasurer Scott Morrison has blocked the sale of the country's biggest cattle operation to foreign investors, saying the sale would not be in the national interest. The business up for sale,S. Kidman and Co. Limited,is Australia's largest private land owner and holds approximately 1.3 per cent of Australia's total land area, and 2.5 per cent of Australia's agricultural land. It has 10 cattle stations, including properties across regional South Australia, Western Australia, the Northern Territory and Queensland covering 101,411 square kilometres and managing a long-term average herd of 185,000 cattle. A statement from Mr Morrison said. Read more...
Ministers opposing same sex marriage are warning Australia’s cattle trade would take an economic hit if a new bill was passed. Agriculture Minister Barnaby Joyce and Leader of Government in the Senate Eric Abetz warn nearby Asian trading partners will shun Australia on cultural grounds, threatening cattle exports. Reacting to Senator Abetz, a staunch opposer of same-sex marriage, Mr Joyce told ABC news last week that South East Asian countries would see Australia as “decadent”. Australia trades with Indonesia, Malaysia, Papua New Guinea, China and Japan and these are culturally different to Europe, he told ABC news. He pointed to the repeated. Read more...
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