Rhinehart on cattle station spree

Discussion in 'Australia, NZ, Pacific' started by truthvigilante, Oct 14, 2016.

  1. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Is Rhinehart purchasing properties because there is billions to be made out of beef? Andrew Forrester the other Australian mining magnate seems to think so. What's going on here, are they just seeing a massive market in beef or is the land packed with other important minerals that they're keen to get their hands on. I don't think I've heard of a multi billionaire cattle farmer in Australia. Am I just being too cynical?



    http://www.smh.com.au/business/prop...ion-company-s-kidman--co-20161009-grycif.html
     
  2. m2catter

    m2catter Well-Known Member

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    I think Gina is well aware that her hourly income of 1m has come to an end. People need to eat, wherever they live. Cattle might well be the new iron ore.....
    Cherio
     
  3. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Yeah I guess, maybe I am reading into it too much.
     

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