Article – Gina Rinehart visits Kidman stations on Australia Day

by 27 January 2017

26 January 2017 The West Australian

Gina Rinehart is spending Australia Day in outback Australia visiting her newly acquired cattle stations, which were previously part of the Kidman cattle empire.

Mrs Rinehart wrapped up the $365 million acquisition of Kidman in November as part of a joint venture bid by her Hancock Prospecting with Chinese minority partner Shanghai CRED Real Estate.

Collectively the Hancock and Kidman herd will reach 300,000 head, placing [...]

Happy Australia Day from Kidman

by 27 January 2017

The Rinehart Review: Merry Kidman Christmas

by 16 January 2017

Hello from South Australia, the home of Kidman (and award winning wines)! Since my last newsletter, we have had a busy few months. It has been a year of growth and achievement, with the most recent acquisition of S. Kidman & Co through our joint venture with Shanghai CRED topping off an exciting year for our team.

HISTORIC KIDMAN ACQUISITION

This joint-venture will further expand Hancock’s beef interests geographically across Australia, mitigating weather risks, and [...]

Kidman head office welcomes first visit from new Chairman Mrs. Rinehart

by 16 January 2017

With the completion of the sale of S. Kidman & Co, new principal owner and Chairman, Mrs. Gina Rinehart, made her first visit to the Kidman Adelaide head office. A warm welcome by management staff was followed by an executive briefing, meeting of all staff and morning tea where Mrs. Rinehart was presented with a Kidman branding iron. The visit concluded in the afternoon with Mrs. Rinehart and her executives attending the annual Kidman staff [...]

Approval of S. Kidman & Co. Limited sale to increase Australian ownership

by 4 January 2017

9 December 2016

Today I have approved a proposal for the sale of S. Kidman & Co. Limited (Kidman) that will increase the level of Australian ownership of the Kidman group of properties.

Under the proposal the largest station in the Kidman group, Anna Creek and its outstation The Peake, will be acquired by the Williams Family, a local farming family with properties that adjoin Anna Creek.

The remainder of the S. Kidman and Co. [...]

Article – Gina Rinehart: Australia’s new queen of the cattle stations

by 7 November 2016

11 October Sue Neales The Australian

It is part of Australia’s bush folklore that when the helicopter carrying Chinese magnate Xingfa Ma touched down last year on a muddy Gulf of Carpentaria beach — so Ma could announce he ­wanted to buy surrounding Wollogorang Station for $47 million — the billionaire had never before visited the remote region.

Nor did he know how many cattle were on the 705,000sq km station on the Queensland-Northern Territory [...]

Article – Past, present and future in Gina Rinehart’s land plan

by 25 October 2016

10 October 2016 Terry McCrann Herald Sun

AUSTRALIA’S richest woman Gina Rinehart has brought together two of the greatest names in the nation’s history and in its development. She has very neatly unified past, present and future.

In spending around a quarter of a billion dollars to buy control of a slice of Australia, big enough to actually be seen with the naked eye from the moon, she’s also got Treasurer Scott Morrison out of [...]

Article – Forrest’s injection beefs up Harvey

by 29 December 2015

8 December 2015 Brad Thompson The West Australian

Harvey Beef made a net profit of more than $3 million in the first full year of operations under the ownership of Andrew Forrest and now carries cattle worth more than $10 million on its books.

The big investment in cattle reflects a new approach to adding value to the WA supply chain through a 100-day grain feeding program.

Harvey Beef had just 284 cattle valued at [...]

Article – $1m road funds are ‘not enough’

by 29 December 2015

3 December 2015 Reuben Hale The Countryman

WA’s northern cattle industry says $100 million for road improvements is a start, but does not go far enough.

A fortnight ago National Party leader Warren Truss made a commitment to deliver on its pledge to improve northern beef roads as part of the Federal government’s Northern Australia white paper.

The $100 million will be allocated in addition to a $600 million roads package to improve vital infrastructure [...]

Parliamentary Discussion on Northern Australia

by 13 November 2015

10 November 2015 Hansard

Mr KATTER (Kennedy) (14:18): My question is to the Minister for Trade and Investment. Since the northern loans plan’s $50 million requirement eliminates northerners, it will stop the northern beef on-farm irrigation plan, worth $6 billion a year. And since the government’s largesse²according to The Australian Financial Review on Monday²goes to Darwin port owners, Wilmar Sugar and JBS Swift²all monopolistic foreign corporations with plantation farming, foreign fly-ins, contractors and mill workers²what [...]