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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Market Report with Paul Wareing - Feb 21, 2017

We had a pretty good week all in all on the local market last week. This came on the back of a a good NAB Business Survey that saw confidence nudging feel good levels akin to pre-GFC numbers. The service industries were a stand out and high commodity prices gave a boost to the mining sector. In fact , iron ore prices were up a further 7% last we...

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