Monday, September 12

New report finds 12 per cent of Queensland's Agricultural Land is Owned by Foreigners

LESS than 1 per cent of Queensland's farms are foreign-owned, according to government data.

But almost 12 per cent of the state's agricultural land is owned by foreigners.

The new data has fuelled a stoush between the Federal Government and the Greens and Independents over foreign land ownership and food production rules.

A report by the Australian Bureau of Statistics shows there is widespread local ownership of agricultural businesses, but the research also reveals a larger portion of farming land has been bought by foreigners.    Read More

Courier Mail

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