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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Source: The West Australian, KYLAR LOUSSIKIAN


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Currently, the Liberal-National Coalition holds 90 of the 150 seats, the Labor Party holds 55 seats and the five remaining seats are held by minor party representatives or independents. Following redistributions and retirements, however, the Coalition goes into the election with a notional 89 seats, Labor 57, with four mino...

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