Gina Rinehart ponders bid for S. Kidman pastoral company

Written on the 29 August 2016

Mining magnate Gina Rinehart is poised to enter the race for the S. Kidman & Co pastoral empire, alongside Chinese conglomerate Shanghai CRED Real Estate, with a joint bid expected to top $300 million.

The billionaire's entry into the sales process would be the first serious ­attempt by an Australian during the most recent battle over ownership of the giant cattle portfolio.a

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Source: The West Australian, KYLAR LOUSSIKIAN


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This is a question that I have been asked many times since moving to Broome. There are a few reasons why the North West is paying more, the main being the inclement weather and lack of Insurers willing to compete in this space. Currently we have three main Insurers that will look at a property risk above the 26th parallel and those Insure...

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