UK and US dwarf China as top foreign investors in Australian agricultural land

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Report reveals 13.6% of Australia’s 385m hectares of agricultural land is foreign-owned, with two-thirds of the 52.1m hectares in UK or US hands

Investors in the United Kingdom and United States own two-thirds of Australia’s foreign-owned agricultural land, the government’s new land register has revealed.

The first report of the registry of foreign ownership of agricultural land, to be released on Wednesday, shows that 13.6% of Australia’s 385m hectares of agricultural land is foreign-owned.

Related: Australian treasurer overrules sale of 1.3% of country to Chinese firm

Related: How much of Australia’s farmland is owned by foreign companies?

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Source: china
Link : UK and US dwarf China as top foreign investors in Australian agricultural land

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