Gina Rinehart sells Queensland cattle run after tax stink (opens original article in a new tab)

Billionaire Gina Rinehart and her Chinese co-investor sold a Queensland cattle run for over $60 million, citing the state's foreign land tax regime as a factor in their decision to sell the property five months ago. The property, part of the S. Kidman & Co portfolio, was purchased by local farmers.

• Gina Rinehart and Chinese partner sold Queensland cattle run for $60m
• Said foreign land tax regime influenced decision to sell
• Property sold to local farmers as part of S. Kidman & Co portfolio