Roast Vent Thread

[Goldust]

At the rate we are selling off our farm land to foreign investment, and the industries we have lost and the jobs which have been outsourced, we are leaving future generations very short changed. Politicians and unions have a lot to answer for. Don't look at the now, look to the future.


Back off Warchild, seriously......

AS rfctiger74 said foreign ownership sits at 13 per cent and that is largely due to there being no new breed of young farmers coming through.
Today's younger generation - and it is their choice and right - largely don't want to take up a career on the land, like dad did, and grandad and great granddad, and great great grandad.
When a farmer gives it away and sells up, he hopes either to keep in the family, or he'll sell to a neighbour or someone else in the district, hence family farms have become bigger over the years. With fewer people (that is young ones) it's a hard slog for the oldies who suddenly are doing twice the work they once were but an older age.
I don't mind them selling overseas as reality is no one here wants their farm or land. Thus they desreve to the highest bidder and be rewarded for trheir hard work with a decent retirement.

 

[Lacustrus]

Haven't we had enough of Sheedy?
Just Retire already , Jesus wept...

http://www.theage.com.au/afl/essend...es-hird-says-he-is-loved-20170113-gtqrn4.html

 

[Livonski]

Haven't we had enough of Sheedy?
Just Retire already , Jesus wept...

http://www.theage.com.au/afl/essend...es-hird-says-he-is-loved-20170113-gtqrn4.html

Limelight deprivation syndrome at its best.

A true friend would be making those statements behind the scenes to family, not the media.
Look at me, I'm a good bloke.
Just shut up Kev

 

[TigerImposter]

Best Aus made products for dollar are still our wines. Took the wife to Riverstone in the Yarra Valley yesterday for lunch and came back with a case of their 2013 Strawberry and cream Rose' and a case of 2010 Shiraz for $300. I've been to most of the wineries out there and never been disappointed.
To the Samsung TV fans I agree entirely.

 

[wegetpumped]

I'm pretty sure I'd take a Samsung TV over a Australian made TV if I'm after quality...

LOL me and a friend can argue all day about samsungs you can keep them. Ohh bye the way is your mobile phone on fire yet?

 

[captain blood 17]

Just 13% of our farmland is foreign owned, and most of that is british owned (indicating its been owned for years)

as for the great chinese takeover, 0.5% - thats it

Foreign farm ownership often sees reinvestment into farms which the previous owners couldnt afford. And this is a good thing, because it improves the farms efficiency - which means better commodity pricing, more jobs, and more tax revenue

CHARTS: Here are the top 10 foreign land owners in Australia

SIMON THOMSEN
SEP 7, 2016, 2:20 PM

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Photo: Lisa Maree Williams/Getty.
The British still own Australia when it comes to agricultural land, according to a national survey of foreign-owned farmland.

The Register of Foreign Ownership of Agricultural Land was prepared by the Turnbull government in response to growing concerns about Chinese investment in Australia’s agriculture sector.

In April, treasurer Scott Morrison blocked the sale of Australia’s largest cattle business, S. Kidman and Co., which covers 100,000 square kilometres of the Australian outback – 1.3% of the country’s total land area, and 2.5% of its agricultural land – to a Chinese majority-controlled consortium on national interest grounds for a second time.

But the figures appear to be very much a preliminary snapshot, compiled by the Australian Tax Office ahead of new laws that came into place on July 1, forcing companies to disclose foreign ownership amid an increasingly rancorous debate about undisclosed or hidden Chinese investment in property and agriculture in Australia. A better picture of who owns what in Australia may not emerge for another 12 months in the wake of the tougher disclosure laws, and may lead to a substantial jump in foreign holdings.

But the ATO will not disclose who owns the land to accompany the findings, identifying the owners by nationality only. Under the rules developed by the government and Morrison, the register “must not release information which could identify, or reasonably be used to identify an individual or entity”.

The register, released today, concludes that land more than twice the size of Victoria is foreign-owned and that figure has grown by 2.5 million hectares in the last three years.

At the end of FY16, 52.1 million hectares – 521,000 km2 – of Australian farmland was owned by foreign interests according to the register.

Of that figure, less than 20% is freehold – 9.4m ha – with 43.4m ha held as leasehold. Foreign ownership is most prevalent in Queensland (17.7m ha), followed by the Northern Territory (15.2m ha), Western Australia (8.8m ha), South Australia (7.2m ha), NSW/ACT (2.4m ha), Victoria (607,000 ha) and Tasmania (342,000 ha).

Last year, a survey by ABC Rural found a quarter of Northern Territory pastoral leases were wholly or partly foreign-owned. ABC Rural concluded 12 months ago that of 223 pastoral leases, 47 had some form of foreign ownership, covering a land mass of 149,702 km2, which was 25.1% of the 596,310 km2 pastoral estate – 44% – of the Territory’s total land mass.

But while the total land owned by foreign entities across Australia has increased in recent years, more tellingly, the total amount of agricultural land in Australia has shrunk to 384.6m ha – 3.8 million km2 – from the 2013 ABS survey estimate of 400m ha, a loss of more than 15m ha. In 2010, the figure was 398m ha.

The top four foreign landholders in Australia are the United Kingdom, followed by the United States, Netherlands and Singapore. China is fifth on the table, just ahead of the Philippines, with 1.5m ha, just 2.8% of the total of foreign owned land. To put that in perspective, Chinese interests have less than 15% of the size of the S. Kidman and Co land-holdings.

But one thing the survey doesn’t measure is the property values or the GDP they generate. While large swathes of the Top End are used for grazing, it’s often marginal land with lower yields and the beef produced is used for export markets.

Foreign investment further south tends to be smaller but of higher value, such as the 19,000ha Tasmanian dairy business Van Diemen’s Land Company (VDL), which was bought last year by a consortium that included two Chinese companies with a 70% stake. The remaining 30% is owned by a company owned by the Melbourne-based Lempriere family, who also have a 20% stake in the 96,000 ha Chinese-owned cotton farm, Cubbie Station, in south-west Queensland.

The contradiction is that foreign investors own more properties in NSW than anywhere else – at nearly 1800 of more than 7200 properties nationally, that’s a quarter of the total – but they are much smaller landholdings. In comparison, the 15.2m ha in the Northern Territory is divided across just 71 properties as this chart from the register shows:

Source: Register of foreign ownership of agricultural land
The predominant investment in all states (bar Victoria) is in livestock, although cropping plays a strong role in NSW at around a quarter of the state’s total, as this chart shows:

Source: Register of foreign ownership of agricultural land
And here are the top 10 source countries for foreign investment in Australian agricultural land at June 30, 2016:

• UK – 27.5 million ha (52.7% of foreign-owned agricultural land, or 7.2% of total Australian agricultural land)
• USA – 7.7 million ha (14.8% of foreign-owned or 2% of total agricultural land)
• Netherlands – 2.98 million ha (5.7% of foreign-owned or 0.8% of total)
• Singapore – 1.9 million ha (3.6% of foreign-owned or 0.5% of total)
• China – 1.5 million ha (2.8% of foreign-owned or 0.4% of total)
• Philippines – 1.1 million ha (2.2% of foreign-owned or 0.3% of total)
• Switzerland – 1.1 million ha (2.1% of foreign-owned or 0.3% of total)
• Jersey – 0.9 million ha (1.8% of foreign-owned or 0.25% of total)
• Indonesia – 0.8 million ha (1.5% of foreign-owned or 0.2% of total)
• Japan – 0.7 million ha (1.3% of foreign-owned or 0.18% of total)

While the report does not detail the owners, Singapore investment is most likely to belong to one man, expatriate Australian retailer Brett Blundy, who owns four Northern Territory cattle properties through his Singapore-based business Brett Blundy Retail Capital (BBRC).

But the company says it has more than 2.35m ha under its management – considerably more than the 1.9 million ha listed on the register.

The register says its stocktake was done between July 1, 2015, and February 29, 2016, following changes introduced by the Turnbull government last year. The ATO matches land titles, immigration and other third party data sources to identify foreign investors who may not have recorded their land on the Agricultural Land Register. From July 1, foreign companies must report their ownership within 30 days to the ATO.

The ATO report is welcome news for treasurer Scott Morrison, under political pressure on all sides after his high profile rejection of a Chinese bid to lease NSW power network Ausgrid on national security grounds, his second major rebuff to Chinese investors after the S Kidman knock back.

On the release today, Morrison said that with more than $3 trillion in foreign investment in Australia, “we cannot afford to risk our economic future by engaging in protectionism”.

“Foreign investment is integral to Australia’s economy. It contributes to growth, productivity and creates jobs, but the community must have confidence that this investment is in the national interest,” he said.

Deputy prime minister and Nationals leader Barnaby Joyce welcomed the register saying “the common perception that the level of foreign ownership has been increasing seems confirmed”.

“From now on the annual reports from the land register will give us more accurate data on which to base public discussion,” he said.

The full register is online here.

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Tagged In
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[captain blood 17]

We can talk percentages or we can talk reality which is hectares. Remembering how much of Australia is not farmland.

The real picture of foreign ownership of Australian farms

JAMES WAGSTAFF and NATALIE KOTSIOS, The Weekly Times
April 27, 2016 12:00am

• JOIN THE CONVERSATION: Do you support foreign investment in Australian farms? Vote in our poll and have your say in the form below
• Home-grown owners of Australia’s farms revealed
• Handful of Australian families own more farmland than foreign investors
• Who owns Australia’s farms? Nation’s biggest landholders revealed
• Farm or shares? The difference in value over ten years

TENS of millions of hectares of Australian farmland are owned by overseas interests, a Weekly Times investigation has found.

An analysis of documented farmland ownership shows that a growing list of nationalities, including China, the US, UK, Greece, Canada, Argentina, Switzerland, Italy, Qatar, Philippines, Singapore, Malaysia, Indonesia and Germany, have invested heavily in Australian farms in recent years.

The revelation comes as the proposed $370.7 million sale of Australian pastoral giant S Kidman & Co to a China-backed consortium thrusts the controversial issue of foreign ownership of farms back into the national political spotlight.

Treasurer Scott Morrison last week announced an independent review of the proposed Kidman sale and its 11 million hectares in NSW, Queensland, South Australia and the Northern Territory, to China-backed Dakang Australia.

Dakang’s biggest shareholder is Shanghai Pengxin Group, whose stand-alone bid for Kidman was last year knocked back by Mr Morrison on grounds of national security. There have been significant sales of farms to foreign interests already this year.

In February, the Government approved the $280 million sale of the Van Diemen’s Land Company — Australia’s largest dairy farm at 17,000ha — to Chinese firm Moon Lake Investments.

Do you support foreign investment in Australian farms?
YesNo
VOTE!View Results
US teacher superannuation fund TIAA-CREF and its subsidiary, Westchester Group of Australia, this month paid a reported $35 million for three properties totalling 5000ha and 7500 megalitres of water licences at Goondiwindi, on the Queensland-NSW border.

TIAA-CREF and Westchester are believed to have snapped up farms worth an estimated $1 billion since 2007.

China’s Union Agriculture has been active recently, paying $11 million for the 5260ha Kyabra Station at Tamworth to add to its NSW portfolio, which includes Bobbara Station at Galong and Mt Falcon Station at Tooma.

Macquarie Bank’s Paraway Pastoral Company and Lawsons Grain — which both have foreign money in their funds — have a combined 2.8 million hectares or 28,000sq km: roughly the same size of the US state of Massachusetts. Paraway finalised its $15 million deal for the Beckworth Court property near Ballarat this year, having added the 31,267ha Ulonga and 26,300ha Rosevale stations to its NSW Riverina holdings last year.

The latest figures on foreign farm ownership, released in 2014, show 11 per cent of Australia’s agriculture land was foreign owned.

The Foreign Investment Review Board’s 2014-15 annual report, released this month, shows applications for overseas investment in Australia’s agriculture, fisheries and forestry industries totalled $5.3 billion, up from $3.4 billion in 2013-14 and a five-year annual average of $3.3 billion.

China made the biggest investment, with deals worth $2.5 billion, followed by the US with $1 billion.

Victorian Farmers Federation vice president David Jochinke said he was “definitely a supporter of foreign investment being a part of the mix” in Australian agriculture.

“Sometimes we get tripped up on the word ‘foreign’ ... and it really detracts from the real game of agriculture or what agriculture needs.”

Alan Bowman, chairman of Australian superannuation fund Prime Super, which has investments in listed agriculture companies such as GrainCorp and Wesfarmers, said that the issue of foreign investment in farmland was an “age-old debate”.

“We’ve always had it ... but generally speaking to grow this country we need external investment in every field.”

Inglis rural property sales manager Sam Triggs said a “relatively weak” Australian dollar, which was yesterday trading at US77c, down from a peak of US110c five years ago, was making “Australian rural property a competitive asset class globally”.


He said interest in the 2573ha Deltroit Station at Wagga Wagga in NSW, being offered by the Australian Pastoral Company, had come from domestic parties as well as Asia, Europe and the US.

In announcing the Kidman review, Scott Morrison extended the approval deadline for the sale from 30 days to 90, meaning the decision will be delayed until after the July 2 federal election.

Independent Senator Nick Xenophon has opposed the sale and vowed to make farmland sales to foreigners a federal election issue while Nationals MP George Christensen said the Kidman properties “must remain Australian”.

The Federal Government last year reduced the scrutiny threshold for the sale of farmland to foreigners from $252 million to a cumulative $15 million and introduced a register of foreign owners.

A federal parliament cross-party committee this month recommended “greater transparency” of the register following the revelation it would not be made public.

 

[Ned_Flanders]

We can talk percentages or we can talk reality which is hectares. Remembering how much of Australia is not farmland.

The real picture of foreign ownership of Australian farms

JAMES WAGSTAFF and NATALIE KOTSIOS, The Weekly Times
April 27, 2016 12:00am

• JOIN THE CONVERSATION: Do you support foreign investment in Australian farms? Vote in our poll and have your say in the form below
• Home-grown owners of Australia’s farms revealed
• Handful of Australian families own more farmland than foreign investors
• Who owns Australia’s farms? Nation’s biggest landholders revealed
• Farm or shares? The difference in value over ten years

TENS of millions of hectares of Australian farmland are owned by overseas interests, a Weekly Times investigation has found.

An analysis of documented farmland ownership shows that a growing list of nationalities, including China, the US, UK, Greece, Canada, Argentina, Switzerland, Italy, Qatar, Philippines, Singapore, Malaysia, Indonesia and Germany, have invested heavily in Australian farms in recent years.

The revelation comes as the proposed $370.7 million sale of Australian pastoral giant S Kidman & Co to a China-backed consortium thrusts the controversial issue of foreign ownership of farms back into the national political spotlight.

Treasurer Scott Morrison last week announced an independent review of the proposed Kidman sale and its 11 million hectares in NSW, Queensland, South Australia and the Northern Territory, to China-backed Dakang Australia.

Dakang’s biggest shareholder is Shanghai Pengxin Group, whose stand-alone bid for Kidman was last year knocked back by Mr Morrison on grounds of national security. There have been significant sales of farms to foreign interests already this year.

In February, the Government approved the $280 million sale of the Van Diemen’s Land Company — Australia’s largest dairy farm at 17,000ha — to Chinese firm Moon Lake Investments.

Do you support foreign investment in Australian farms?
YesNo
VOTE!View Results
US teacher superannuation fund TIAA-CREF and its subsidiary, Westchester Group of Australia, this month paid a reported $35 million for three properties totalling 5000ha and 7500 megalitres of water licences at Goondiwindi, on the Queensland-NSW border.

TIAA-CREF and Westchester are believed to have snapped up farms worth an estimated $1 billion since 2007.

China’s Union Agriculture has been active recently, paying $11 million for the 5260ha Kyabra Station at Tamworth to add to its NSW portfolio, which includes Bobbara Station at Galong and Mt Falcon Station at Tooma.

Macquarie Bank’s Paraway Pastoral Company and Lawsons Grain — which both have foreign money in their funds — have a combined 2.8 million hectares or 28,000sq km: roughly the same size of the US state of Massachusetts. Paraway finalised its $15 million deal for the Beckworth Court property near Ballarat this year, having added the 31,267ha Ulonga and 26,300ha Rosevale stations to its NSW Riverina holdings last year.

The latest figures on foreign farm ownership, released in 2014, show 11 per cent of Australia’s agriculture land was foreign owned.

The Foreign Investment Review Board’s 2014-15 annual report, released this month, shows applications for overseas investment in Australia’s agriculture, fisheries and forestry industries totalled $5.3 billion, up from $3.4 billion in 2013-14 and a five-year annual average of $3.3 billion.

China made the biggest investment, with deals worth $2.5 billion, followed by the US with $1 billion.

Victorian Farmers Federation vice president David Jochinke said he was “definitely a supporter of foreign investment being a part of the mix” in Australian agriculture.

“Sometimes we get tripped up on the word ‘foreign’ ... and it really detracts from the real game of agriculture or what agriculture needs.”

Alan Bowman, chairman of Australian superannuation fund Prime Super, which has investments in listed agriculture companies such as GrainCorp and Wesfarmers, said that the issue of foreign investment in farmland was an “age-old debate”.

“We’ve always had it ... but generally speaking to grow this country we need external investment in every field.”

Inglis rural property sales manager Sam Triggs said a “relatively weak” Australian dollar, which was yesterday trading at US77c, down from a peak of US110c five years ago, was making “Australian rural property a competitive asset class globally”.


He said interest in the 2573ha Deltroit Station at Wagga Wagga in NSW, being offered by the Australian Pastoral Company, had come from domestic parties as well as Asia, Europe and the US.

In announcing the Kidman review, Scott Morrison extended the approval deadline for the sale from 30 days to 90, meaning the decision will be delayed until after the July 2 federal election.

Independent Senator Nick Xenophon has opposed the sale and vowed to make farmland sales to foreigners a federal election issue while Nationals MP George Christensen said the Kidman properties “must remain Australian”.

The Federal Government last year reduced the scrutiny threshold for the sale of farmland to foreigners from $252 million to a cumulative $15 million and introduced a register of foreign owners.

A federal parliament cross-party committee this month recommended “greater transparency” of the register following the revelation it would not be made public.

Learn to read, the percentages were based upon percentages of FARMLAND. Desert wasnt included, urban areas not included, only farmland

 

[captain blood 17]

As for the phallacy that foreign investment is good on farmlands, ask why it is not viable for Australians to be rural producers. Do you reckon $2 milk and $1 bread really is a good thing? Let's remove our left sided blinkers and really assess the situation. We have lost industries and regional Australia is in the toilet with self serving politicians doing nothing but talk.
Anyone who thinks selling our land off to foreign investment is very short sighted.

 

[captain blood 17]

Learn to read, the percentages were based upon percentages of FARMLAND. Desert wasnt included, urban areas not included, only farmland

Mate, all I have done is put another set of numbers together to counter what you have said. But, I only come from a farm, what would i know......

 

[Ned_Flanders]

Mate, all I have done is put another set of numbers together to counter what you have said. But, I only come from a farm, what would i know......

And where do you think my family came from, and i onky spent 15 years working in ag (for dairies and in export)

You dismissed my figures because you said they were including non farmland like desert, which is bullshit

 

[captain blood 17]

And where do you think my family came from, and i onky spent 15 years working in ag (for dairies and in export)

You dismissed my figures because you said they were including non farmland like desert, which is bullshit

Ned, all I did was simply produce two articles which highlight a different value of foreign ownership which you misleadingly tried to point out as minute when it clearly isn't. I am just providing an alternative point of view of a different way to view that simple 14%

 

[Ned_Flanders]

Ned, all I did was simply produce two articles which highlight a different value of foreign ownership which you misleadingly tried to point out as minute when it clearly isn't. I am just providing an alternative point of view of a different way to view that simple 14%

No, you said they were wrong because they included ALL land. Stop lying and own your error

My numbers came from the govt website, you know the guys to run the firb

 

[captain blood 17]

AS rfctiger74 said foreign ownership sits at 13 per cent and that is largely due to there being no new breed of young farmers coming through.
Today's younger generation - and it is their choice and right - largely don't want to take up a career on the land, like dad did, and grandad and great granddad, and great great grandad.
When a farmer gives it away and sells up, he hopes either to keep in the family, or he'll sell to a neighbour or someone else in the district, hence family farms have become bigger over the years. With fewer people (that is young ones) it's a hard slog for the oldies who suddenly are doing twice the work they once were but an older age.
I don't mind them selling overseas as reality is no one here wants their farm or land. Thus they desreve to the highest bidder and be rewarded for trheir hard work with a decent retirement.

See my last couple of posts on previous page. As you are a journo, i reckon it may interest you.

 

[captain blood 17]

No, you said they were wrong because they included ALL land. Stop lying and own your error

My numbers came from the govt website, you know the guys to run the firb

The irony of you telling me to read. Methinks you are reading in between the lines somewhere. I just revisited my two article posts. No where did I say you said all land. And whaddya know, guess where my numbers come from..........Calm your farm knackers, it isn't a personal attack at you, I am just making sure the punters who are reading this have a bit more intel on the subject matter.

 

[Ned_Flanders]

The irony of you telling me to read. Methinks you are reading in between the lines somewhere. I just revisited my two article posts. No where did I say you said all land. And whaddya know, guess where my numbers come from..........Calm your farm knackers, it isn't a personal attack at you, I am just making sure the punters who are reading this have a bit more intel on the subject matter.

Ffs its the opening paragraph you posted, how could you miss it

We can talk percentages or we can talk reality which is hectares. Remembering how much of Australia is not farmland.

You clearly are saying your numbers are good because they only include farmland, clearly implying that the percentages dont

You either need to learn to read, or learn to write

 

[Tiger71]

Love a good cat fight! Lol

 

[captain blood 17]

Ffs its the opening paragraph you posted, how could you miss it



You clearly are saying your numbers are good because they only include farmland, clearly implying that the percentages dont

You either need to learn to read, or learn to write

I know what i wrote, it wasn't directed at you (the farmland point - it reads as a general point). I think you should learn the meaning of the word context.
You went down the road of dismissing my original point with your point based on percentage. I feel it was misleading, hence why i responded with an actuality of real farmland lost in hectares. And have given the people an opportunity to read up on it with other links to further explore should they want to.
If you don't like that, bad luck. Grow up and don't be such a fool with your responses (the getting personal stuff). If you can't accept a point of view different to your own or one that challenges you with facts, then you need to deal with it.
I stand by my posts. And don't be such a condescending arseh*le, it's not who you are.

 

[Ned_Flanders]

I know what i wrote, it wasn't directed at you (the farmland point - it reads as a general point). I think you should learn the meaning of the word context.
You went down the road of dismissing my original point with your point based on percentage. I feel it was misleading, hence why i responded with an actuality of real farmland lost in hectares. And have given the people an opportunity to read up on it with other links to further explore should they want to.
If you don't like that, bad luck. Grow up and don't be such a fool with your responses (the getting personal stuff). If you can't accept a point of view different to your own or one that challenges you with facts, then you need to deal with it.
I stand by my posts. And don't be such a condescending arseh*le, it's not who you are.

Complete bullshit

I have not once said i have an issue with you having an alternate opinion. What ive said is i have an issue with you lying to make that point.

You say that was a general post just talking generally, yet you dismiss the percentages "presented". Given these were mine (per the post you actually copied direct in the first article its obvious what you were referring to)

Id argue that foreign ownership isnt a problem. Id argue gen ys not wanting to farm, the unprofitability of family farming in an era of corporate farming monsters, and the sale of land to housing developments are far bigger issues. But why bother when your opening post on this issue is a lie

Happy to engage in a discussion with anyone who has a contrary view to me (just ask goldy). I have no time for people who have to lie to " win" their argument however

 

[captain blood 17]

Complete bullshit

I have not once said i have an issue with you having an alternate opinion. What ive said is i have an issue with you lying to make that point.

You say that was a general post just talking generally, yet you dismiss the percentages "presented". Given these were mine (per the post you actually copied direct in the first article its obvious what you were referring to)

Id argue that foreign ownership isnt a problem. Id argue gen ys not wanting to farm, the unprofitability of family farming in an era of corporate farming monsters, and the sale of land to housing developments are far bigger issues. But why bother when your opening post on this issue is a lie

Happy to engage in a discussion with anyone who has a contrary view to me (just ask goldy). I have no time for people who have to lie to " win" their argument however

Wow, just wow. I think you're having a bad hair day. So i'm a liar? Mate, really disappointed with you right now.

 

[captain blood 17]

Just 13% of our farmland is foreign owned, and most of that is british owned (indicating its been owned for years)

as for the great chinese takeover, 0.5% - thats it

Foreign farm ownership often sees reinvestment into farms which the previous owners couldnt afford. And this is a good thing, because it improves the farms efficiency - which means better commodity pricing, more jobs, and more tax revenue

You post here has no source or anything to back up it's validity. Just thought I'd repost it.

 

[Ned_Flanders]

Wow, just wow. I think you're having a bad hair day. So i'm a liar? Mate, really disappointed with you right now.

Well stop lying and argue facts and maybe we will have no issues

 

[Ned_Flanders]

You post here has no source or anything to back up it's validity. Just thought I'd repost it.

Cant open the pdf right now (stupid huawei app is crashing), but the report is discussed in this press release by morro (mentions the 13% figure)

http://sjm.ministers.treasury.gov.au/media-release/092-2016/

And this article by the abc breaks down the percentages in more detail

http://mobile.abc.net.au/news/2016-...-proportion-of-foreign-owned-farmland/7820854

 

[captain blood 17]

Well stop lying and argue facts and maybe we will have no issues

Yeah sorry my articles painted a worse picture than your 14%. But, enjoy your $2 milk and $1 bread, because as we are about to learn through the power industry, it isn't gonna last.
Keep your head in the sand pal, it kind of suits you right now.

 

[captain blood 17]

Cant open the pdf right now (stupid huawei app is crashing), but the report is discussed in this press release by morro (mentions the 13% figure)

http://sjm.ministers.treasury.gov.au/media-release/092-2016/

And this article by the abc breaks down the percentages in more detail

http://mobile.abc.net.au/news/2016-...-proportion-of-foreign-owned-farmland/7820854

There you go, wasn't so hard was it? But, it also supports my pov on the actual hectares owned and that is the key issue here. All i know is one thing in business, you can't bank a percent, but you can bank a dollar.
Numbers can be misleading, particularly when you are talking percentages, you need to provide one with the other to assist in assessing the real scale of economy here.