Labor’s trade spokeswoman Senator Penny Wong has slammed the Coalition’s agricultural foreign investment policy at today’s premier grains industry event.
Australian farms and cattle stations are becoming increasingly attractive to overseas investors - especially Chinese buyers looking for beef sources in other countries.
Xingfa Ma takes on 40,000 head of cattle with the deal, which adds to his other Australian cattle stations and a wine group
The sliding dollar is sweetening Australia's appeal as an agricultural investment destination ripe for overseas companies and fund managers, particularly from North America and Europe.
The West Australia State Government is set to take to market a big parcel of land on the Ord River irrigation scheme in a litmus test of its relationship with a major Chinese investor in WA’s far north.
Financial services giant Challenger has forked out $41 million for a UK-based boutique funds management incubator and distribution group as it seeks to capitalise on rising investor interest in alternative and overseas assets.
From 1 July 2015, the Policy requires that all foreign persons (and foreign government investors) that currently hold interests in agricultural land must register those interests with the Australian Taxation Office (ATO) by 31 December 2015.
Les appétits fonciers en cours pourraient plonger le Sénégal dans l’insécurité alimentaire, la pauvreté, mais surtout la violence. Sud Quotidien fait le point de la situation.
China is on the hunt for new food sources to feed its one and a half billion people and its central government has ordered $3 trillion be spent securing food and farmland overseas.
Australia will force all foreign investors to register their agricultural holdings from Wednesday as scrutiny on overseas investment increases.
China's appetite for Australian farmland showing no signs of being sated. Foreign Investment Review Board (FIRB) annual report confirmed China has become Australia's biggest source of approved foreign investment after a $12.4 billion splurge.
Australia tightened rules on Monday requiring overseas investors to declare holdings of agricultural land in order to strengthen oversight, amid concerns that Australia is losing control of its own food security.
