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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Red tape 'holds up growth and jobs' in north

State Government red tape is holding up job creation and up to $350 million in private investment in WA's north, according to a group of leading pastoralists. Yeeda Pastoral Company manager Jack Burton said vast tracks of the region were earmarked for irrigated agriculture by the Government, but approvals had stalled. "There&...

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