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Gina Rinehart sells WA cattle stations for $100m

Gina Rinehart sells WA cattle stations for $100m
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

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Stolen wages: Northern Territory class action will hold the Commonwealth to account

The first class action on stolen wages against the Commonwealth seeks compensation for wages owed to Aboriginal workers in the Northern Territory. ....

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Gina Rinehart puts $300m cattle station portfolio up for sale

Gina Rinehart puts $300m cattle station portfolio up for sale
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Mining magnate Gina Rinehart has put a $300 million portfolio of cattle stations and livestock in Western Australia and the Northern Territory up for sale as she looks to refine her vast rural holdings and capitalise on strong global demand for prime Australian agricultural assets amid surging beef cattle prices.
The portfolio of seven stations and one feedlot occupy about 1.876 million hectares of prime grazing country - an area one-and-half times bigger than Greater Sydney. It accounts for almost 20 per cent of the 10 million hectares of cattle country owned by Mrs Rinehartâs Hancock Agriculture and S. Kidman and Co, which she majority owns in a joint venture with Chinese real estate conglomerate Shanghai CREDÂ following a $385 million acquisition in 2016. ....

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Stokes, Forrest tipped to show interest in Rinehart cattle portfolio

Stokes, Forrest tipped to show interest in Rinehart cattle portfolio
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West Australian billionaires Kerry Stokes and Andrew Forrest and Saudi Arabia’s sovereign wealth fund are expected to join a “Melbourne Cup” line-up of potential bidders for a $300 million portfolio of cattle stations and livestock being taken to the market by Australia’s richest person, Gina Rinehart.
The portfolio of seven stations and one feedlot occupying around 1.876 million hectares of prime Western Australia and Northern Territory grazing country – an area one-and-a-half times bigger than Greater Sydney – was listed for sale on the weekend through rural specialists Elders.
Combined, the cluster of stations accounts for almost 20 per cent of the 10 million hectares of cattle country owned by Ms Rinehart’s Hancock Agriculture and S. Kidman and Co, which the mining magnate’s Hancock Prospecting majority owns in a joint venture with Chinese real estate conglomerate Shangha ....

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