View Full Version : Tax office list on whose buying Australia
bob10
8th September 2016, 07:07 AM
Couple of surprises. Agricultural land only.
Chinese farm buyout fears have been exaggerated | The New Daily (http://thenewdaily.com.au/money/finance-news/2016/09/07/foreign-owned-agricultural-land/?utm_source=Responsys&utm_medium=email&utm_campaign=20160908_TND)
bob10
9th September 2016, 06:40 AM
Our food products, however.
We own our farms, but not our food | The New Daily (http://thenewdaily.com.au/money/finance-news/2016/09/08/real-foreign-ownership-problem/?utm_source=Responsys&utm_medium=email&utm_campaign=20160909_TND)
JDNSW
9th September 2016, 08:11 AM
Couple of surprises. Agricultural land only.
Chinese farm buyout fears have been exaggerated | The New Daily (http://thenewdaily.com.au/money/finance-news/2016/09/07/foreign-owned-agricultural-land/?utm_source=Responsys&utm_medium=email&utm_campaign=20160908_TND)
It does not surprise me at all. The major foreign owners of agricultural land in Australia have always been in the UK since 1788, and I would have been very surprised if this had changed. I always expected that the fears of Chinese buying were exaggerated. These figures show how much.
John
JDNSW
9th September 2016, 08:24 AM
Our food products, however.
We own our farms, but not our food | The New Daily (http://thenewdaily.com.au/money/finance-news/2016/09/08/real-foreign-ownership-problem/?utm_source=Responsys&utm_medium=email&utm_campaign=20160909_TND)
Nothing new here! The icon usually quoted, Vegemite, was certainly started by an Australian company (Fred Walker) but by 1925 that company shared staff with the joint venture Kraft Walker Cheese company, which was bought out by the U.S. owned Kraft company after Walker's death in 1935. So Vegemite has been U.S. owned for eighty years.
John
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