CATTLE – AUSTRALIA

Climate body targets cattle barons

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Original article by Jacob Greber
The Australian Financial Review – Page: 2 : 19-Dec-23

The Climate Change Authority has compiled a list of agricultural entities it contends have large cattle herds that are generating enough carbon emissions to qualify for the federal government’s safeguard mechanism. The list includes companies run by cattle barons such as Gina Rinehart and the Holmes a Court family; the CCA says they should be compelled to disclose the level of greenhouse gas emissions from their herds. Although the CCA is not calling for agricultural emissions to be subject to the safeguard mechanism "at this stage", it has called for greater scrutiny of farmers in this respect, with farmers accounting for 12 per cent of national emissions.

CORPORATES
AUSTRALIA. CLIMATE CHANGE AUTHORITY

Billionaire Briton woos super funds in $600m cattle buyout

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Original article by Damon Kitney
The Australian – Page: 17 & 20 : 15-Oct-19

A management buyout of Consolidated Pastoral Company, has been revealed. Guy Hands, the founder of Terra Firma Capital Partners, which bought CPC from billionaire James Packer and his family in 2009, will have a significant stake in CPC under the management buyout. The value of the buyout is expected to be worth between $600 million and $700 million. It is understood private family companies, high net worth investors and superannuation funds will be invited to buy into CPC. It is Australia’s largest private cattle company.

CORPORATES
CONSOLIDATED PASTORAL COMPANY PTY LTD, TERRA FIRMA CAPITAL PARTNERS LIMITED

Kidman ‘deal’ off election agenda

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Original article by Sue Neales
The Australian – Page: 1 & 2 : 20-Apr-16

Shanghai Pengxin, Shanghai CRED Real Estate and Australian Rural Capital are poised to acquire the S. Kidman & Company rural property empire, comprising nine cattle stations and 180,000 head of cattle. However, federal Treasurer Scott Morrison will defer a decision on whether to approve the sale until late July 2016, to ensure that it does not become an election issue. The two Chinese groups will have an 80 per cent stake in the Kidman business.

CORPORATES
S KIDMAN AND COMPANY PTY LTD, SHANGHAI PENGXIN GROUP COMPANY LIMITED, SHANGHAI CRED REAL ESTATE STOCK COMPANY LIMITED, AUSTRALIAN RURAL CAPITAL LIMITED – ASX ARC, AUSTRALIA. DEPT OF THE TREASURY, DAKANG AUSTRALIA HOLDINGS PTY LTD, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION