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 backpacker tax has passed the Senate after the Greens agreed to a deal to support the Coalition's preferred 15 per cent backpacker tax rate in exchange for significant concessions from the Government. The Upper House approved the motion 43 votes to 19, bringing 18 months of uncertainty to an end. In exchange for the Greens'...

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