The sale of valuable farmland to foreigners, in particular thru Australia’s largest buying and selling partner China, has been a sensitive problem in recent years.
Earlier this year, Australia knocked back the sale of the united states of america’s largest personal landowner, livestock firm S. Kidman and Co., to a Chinese-led consortium citing country wide interest with part of the holding overlapping a army testing range.
It observed warnings from politicians with rural constituencies in opposition to selling farming land to remote places interests amid issues approximately the nation’s meals protection.
Money view blog 