China now owns 10 times the amount of Australian farm land it did last year

The amount of Australian farm land owned by Chinese interests has surged tenfold in the past year, climbing above 14 million hectares or 2.5 per cent of all agricultural land. The findings from the Australian Tax Office’s Agricultural Land Register, released this week, show the UK and China are the largest owners of foreign-held land in Australia, owning…

Rise of China’s army of ‘personal shoppers’ could triple in 2 years

Sales by so-called daigous of Australian goods to Chinese consumers, such as baby formula and health products, could easily triple over the next two years, ­according to a key player involved co-ordinating the trade locally. In an interview with The Australian, Sydney-based consultant Livia Wang welcomed last week’s announcement from China’s State Council to extend…

Extended drought: QLD Farmers on verge of shooting cattle

QUEENSLAND graziers could be forced to shoot their cattle as parts of the state are savaged by soaring temperatures on top of an extended drought. AgForce cattle president Bim Struss said if the rain didn’t come soon, some graziers would be faced with no option but to shoot their cattle as the feed ran out…

Gas exports starve local firms, jobs: ACCC

Australian factories are at risk of shutting down and sacking workers as the nation’s gas exporters starve local customers in favour of overseas clients, according to a dire warning from the competition watchdog that clears the way for a gas crackdown. The Australian Competition & Consumer Commission slammed the three gas giants in a clear…

Chinese dairy company Yili makes substantial offer for Murray Goulburn

A CHINESE dairy juggernaut is courting Australia’s biggest milk processor, Murray Goulburn Cooperative, lobbing a buyout offer for the group, sources say. Yili, which makes milk products for the Chinese market, is rumoured to the be in the box seat for the struggling Melbourne-based cooperative after tabling a substantial offer. Confirming last month that it…

US and Japan closer to importing beef to Australia

`FRESH and frozen beef from the US and Japan are a step closer to hitting Australian shores after 14 years. Trade was suspended in the early 2000s due to fears about mad cow disease, or BSE, but a final Department of Agriculture review has found trade can resume — if the countries meet Australia’s strict…

Murray Goulburn: China’s Fuyang Farming weighs MG bid

INNER Mongolia Fuyang Farming is believed to be the latest Chinese party weighing a bid for embattled milk producer Murray Goulburn, joining other such as the listed a2 in the contest. Another company understood to be interested is China Resources, which already owns a stake in the company, The Australian reports. Speculation emerged almost two…

Chinese students turn on Aussie professors

Tensions rise as Chinese government’s influence infiltrates Aussie universities AUSTRALIAN educators are increasingly coming under attack from Chinese students, raising concerns their government’s influence is permeating our universities. The students have been openly complaining about Western teaching methods and ideas, and publicly demanding apologies or changes to how subjects are explored. The trend has raised…

Chinese operator buys up Aussie hospitals

Chinese owned Healthe Care has boosted its portfolio of Australian hospitals to 21 after doing a $53 million deal for three hospitals in the Illawarra region of NSW. Chinese owned private hospital operator Healthe Care has bought three NSW hospitals for $53 million while it continues to negotiate a takeover of another health care operator….