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 political analyst has tipped the Pilbara as a key battleground in the fight to win the federal seat of Durack, the largest electorate in the country. The seat stretches from the Wheatbelt to the Kimberley, and has experienced both the highs of the mining boom and the full brunt of its downturn. The seat takes in towns and cities including...

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