Australia’s big four banks; ANZ, the Commonwealth Bank, NAB and Westpac are financing companies accused of land grabs, deforestation and labour abuses in developing countries according to a new report by Friends of the Earth Australia.
The sell-down of northern grazing assets continues for Terra Firma’s Consolidated Pastoral Co, with a deal announced today to sell its Ucharonidge station in the Northern Territory to Malcolm Harris’s Cleveland Agriculture.
Investment companies, such as major farmland investor Duxton, that are making “ridiculous” profits from selling water to farmers struggling with drought are on notice, as the Federal Government considers shutting them down.
Wrathall went to the the most remote and contested parts of north Western Australia to investigate stories of the forced closure of Aboriginal communities. What he found instead was a complex and complicated set of issues around the ways that huge mineral-rich region is being developed by government, big mining and big agriculture.