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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The McGowan Government's progress in returning the State's finances to a more sustainable position is clearly evident in the financial results for the first six months of 2017-18. The general government sector recorded an operating deficit of $701 million for the six months to December 31, 2017. This outcome is $744 million l...

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