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Australia’s Treasurer Scott Morrison, shown here earlier this year, has blocked the sale of S. Kidman’s farmland holdings to overseas bidders. (

Australia blocks foreign firm’s deal for largest farm owner

Sydney | Reuters –– Australia on Thursday blocked the sale of the country’s largest landowner, private farming group S. Kidman and Co., to foreign investors, saying an agricultural area the size of South Korea should remain in Australian hands. Ownership of farmland is a sensitive political issue in Australia amid concerns that foreign buyers are […] Read more