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.Meanwhile, Canada's National Post highlights one of the ranches:
S. 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 farm at more than 23,000 sq km.
S. Kidman & Co managing director, Greg Campbell, said the sales decision by the Kidman family was driven by a desire to capitalise on demand for Australian agricultural assets....MORE
ScreengrabThis page from the S. Kidman & Co. website shows the Anna Farm property, which is larger than New Jersey.
