Australia’s largest private land owner to sell cattle business
Total land on offer is more than 100,000 sq km
By Colin Packham
SYDNEY, April 10 (Reuters) – Australia’s largest private land owner will sell its cattle operations, including the world’s largest ranch and an area equivalent in size to South Korea, to raise cash for other businesses and investments.
- Kidman & Co said it will sell its privately owned 11 cattle stations and a feedlot, complete with more than 200,000 head of cattle and more than 100,000 sq km (25 million acres) of land spread across Western Australia, the Northern Territory, Queensland and South Australia.
The announcement of the sale – which is expected to attract significant foreign interest – comes a month after the government said it would clamp down on foreign ownership of agricultural land.
The cattle stations on offer include Anna Creek, the world’s largest cattle