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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A payroll tax break could create nearly 900 jobs for Western Australian workers, according to independent research from the Chamber of Commerce and Industry of Western Australia (CCI). CCI-commissioned research has found that lifting the threshold from its current level of $850,000 to $950,000 could directly create 278 jobs and indirectly...

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