Is Australia missing on its mandated food bowl role by selling the - TopicsExpress

Is Australia missing on its mandated food bowl role by selling the companies to foreigners? Southern Highland News recently reported Indonesia planned to buy a million hectares of Australian farmland to raise cattle for the Indonesian market to counter record high beef prices. ARENT THEY A MARKET AND A COMPETITOR? More than 11 per cent of the sheep, beef, cattle and grain farming industries reported some level of foreign ownership - totalling about 44 million hectares. Austrade figures support this data, showing the Northern Territory has the highest level of foreign land ownership, at 23.8 per cent.

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