MacLachlans breaks up farming empire bigger than Netherlands
The wealthy family has split up a livestock station portfolio bigger than the Netherlands after brothers Jock and Callum quit its Jumbuck Pastoral.
Stay updated with breaking news from Viv Oldfield. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The wealthy family has split up a livestock station portfolio bigger than the Netherlands after brothers Jock and Callum quit its Jumbuck Pastoral.
Rest of World News: The MacLachlan family, one of Australia's oldest farming dynasties and the nation's third-largest landowner, has announced a historic split of their l
The massive 5.2 million hectare estate of Jumbuck, comprising 12 stations with a valuation in the hundreds of millions, will undergo a distribution.
China is the largest offshore investor in farmland with a 2 per cent holding, but owns less freehold land than the US, Netherlands and UK.
Viv Oldfield adds well-situated Middle Creek Station, south of Katherine in the Northern Territory, to his vast property portfolio.