In a bid to appease issues, the government ultimate yr tightened scrutiny on remote places investment in agricultural land and vowed to be extra transparent approximately who owns what.
Its first public report on the issue confirmed 13.6 percent of all Australian agricultural land, or fifty two.1 million hectares (129 million acres), is in foreign palms, with the favored method of investment thru leasehold.
Of that, extra than half of is held by means of British traders, accompanied through those from the United States, the Netherlands and Singapore.