China will finance Adani mine, insiders say, but it will cost Australian jobs

The Adani Group is close to securing finance for its controversial coal mine and railway project in outback Queensland, with an announcement expected in coming weeks that Chinese state-owned enterprises, banks, and export credit agencies are backing the venture. Australian taxpayers may be let off the hook under the deal, which could mean Adani no…

Government assures China over Adani mega- mine approvals

China has officially been informed the controversial Adani coal mine in Central Queensland has received all government approvals, Federal Attorney-General George Brandis has told Senate Estimates. Senate crossbenchers have questioned officials from the Department of Foreign Affairs and Trade (DFAT) in Senate Estimates. The questions were sparked by a Freedom of Information request to DFAT…

Contaminated risk for western Sydney water due to poorly planned housing developments

POORLY planned housing developments in Western Sydney are contaminating the water supply and could contribute to a citywide shortage in future, NSW government documents warn. Documents obtained by The Daily Telegraph can reveal WaterNSW and Sydney Water have voiced concerns that Sydney’s urban sprawl and booming population are putting increasing pressure on the water system,…

Chinese developers buy one-third of Australia’s sites in 2016

Chinese developers bought almost 40 per cent of the total $5 billion spent on Australia’s residential development sites in 2016, with a clear trend towards buying up land in far-flung Sydney and Melbourne suburbs, new research shows. Knight Frank’s report, The Rise of Chinese Developers in Australia, found Chinese developers bought $2.4 billion of residential development sites in…

Palaszczuk Government resume Emerald farmland for Adani rail link

THE State Government has resumed 3568ha of agricultural land for Adani’s rail line from the planned Carmichael Mine to Abbot Point. The decision was Gazetted last week and has angered a farm group partly backed by the Tim Flannery-led Climate Council. Land resumptions are a normal part of any infrastructure project and Adani said it…

Up to 84pc of tomatoes left in field due to supermarket demands

Tomato waste at rotten levels as up to 84 pc of crops left in field due to supermarket demands Supermarket demands for unblemished fruit has led to a high level of waste in the tomato industry, researchers say. A study from the University of the Sunshine Coast has found 70–84 per cent of undamaged, edible…

Kangaroo Island crayfish farm sold to Chinese investors

The investment arm of Chinese government-backed miner, Shandong Geo-mineral, has snapped up the 289 hectare Andermel Marron Farm on Kangaroo Island for more than $1.6 million. Australian marron, a native of south west of Western Australia, is the largest commercially-grown fresh water crayfish. Established in 1997 by John Melbourne, Andermel includes numerous ponds for breeding and growing marron for domestic markets as well as an…

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…

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…

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…