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Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Livestock, Reuters

Australia to defer decision on China land deal

By
Sydney | Reuters — The Australian government is deferring until after an upcoming federal election a politically sensitive decision on whether to allow the sale of one of the country’s biggest cattle empires, S. Kidman and Co., to a Chinese-led consortium. Australian Treasurer Scott Morrison rejected a previous foreign-led offer for the ranching company — […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
General, Markets, Reuters

Australia backs farmers on foreign ownership gripes

By
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 government’s support base, who worry […] Read more
(JBSsa.com)
Hogs, Livestock, Markets, Reuters

Australia clears JBS bid for pork firm Primo

By
Sydney | Reuters — Australian regulators have approved a bid by the U.S. arm of Brazilian beef giant JBS to acquire Australian Consolidated Food Holdings Pty. Ltd. (Primo) for an undisclosed sum, Treasurer Joe Hockey said on Wednesday. The approval by Australia’s Foreign Investment Review Board (FIRB), subject to conditions at Primo’s abattoir, allows the […] Read more

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