Foreign land register: Do the figures stand up to scrutiny?

VIRTUALLY since the day it was released, the accuracy of the Federal Government’s Foreign Owned Agricultural Land Register has come into question, with rural industry stakeholders disputing the amount of land actually held by Chinese interests, for example. The report suggested that as at June 30, almost 14 percent of Australia’s farmland was in foreign hands – with more than 50pc of that held by interests from the United Kingdom. It identified 52.1 million hectares of agricultural land as foreign-owned, out of a total Australian farmland area 385m ha. Chinese investment in agriculture ran a distant fifth on the list,…

Source: Beef Central
Foreign land register: Do the figures stand up to scrutiny?