Pengxin, a little-known Shanghai real estate developer that owns Theland milk powder, will become the world’s largest private landowner if Australia’s authorities clear its most ambitious bid yet.
Australia's deputy prime minister on Tuesday urged the country's A$1.8 trillion (US$1.3 trillion) pension fund industry to boost its investment in agriculture as the sector gears up to meet strong demand from Asia.
The deadline for registration of foreign interests in agricultural land in Australia is fast approaching.
There are fresh calls for closer scrutiny of “who owns what” amid concerns baby formula and dairy product prices could soar after Treasurer Scott Morrison rubber-stamped the sale of Australia’s biggest dairy farm to Chinese business interests.
A Chinese investment firm has won approval to buy Australia's oldest dairy farm, making it the first overseas company to be subject to new rules aimed at ensuring foreign companies pay tax on their Australian earnings.
Mr Hornibrook, who was a former head of Macquarie Agricultural Funds Management, along with some members of his sales team, were found to have extracted sensitive commercial information from a rival fund.
Australian banking giant ANZ has come under fire for its response to a scandal over its financing of a sugar plantation previously linked to forced evictions and child labour in Kampong Speu province.
Follow up from 2014 Oxfam report "Banking on Shaky Ground – Australia's big four banks and land grabs", asserts that all four banks have failed to ensure the affected communities' rights to food, shelter and a sustainable livelihood were restored.
Almost two years ago Oxfam revealed that Australia’s Big 4 Banks — the ANZ, Commonwealth Bank, NAB and Westpac — are backing agriculture and timber companies linked to land grabs in developing countries.
Billionaire trucker Lindsay Fox is making a late bid to keep Australia’s largest outback cattle empire in local hands with a push to buy the sprawling S. Kidman & Co stations that are set to fall into Chinese hands.
A Chinese company with strong links to the family of Li Ka-shing, one of Asia’s richest men, is on the verge of securing farms covering almost 70,000ha after the biggest single offering of freehold land in Western Australia’s history.
Chinese investors are buying up macadamia orchards in Queensland and New South Wales to protect their own supply
|
Here’s how this fundie is making money from the land
|
