Foreign ownership of Australian farmland increased last year but remained flat as a percentage of the overall total, with China holding the most land.
The mining magnate Gina Rinehart is Australia's biggest landholder, controlling more than 9.2m hectares, or 1.2% of the entire landmass of the country, according to data compiled by Guardian Australia.
Australian agricultural land area with Chinese interests rose from 1.5 million hectares at June 30 2016 to 14.4 million hectares at June 30 2017. This made China the second largest foreign investor behind the UK with 16.4 million hectares.
Aboriginal and Torres Strait Islander peoples' rights and interests in land are formally recognised over around 50 per cent of Australia's land mass.
As at 30 June 2020, the estimated proportion of agricultural land with a level of foreign ownership of 13.8% has not changed when compared to the prior year. This is attributed to an increase in total agricultural land in Australia offsetting the increase in agricultural land with foreign ownership.
volumes of foreign-owned water
The top four owners of water entitlements by country are Canada with 2.0 percent of the total Australian water entitlement on issue, the US with 1.6 percent, China with 1.5 percent, and the UK with 1.0 percent.
China's Luye Medical bought hospital operator Healthe Care and now owns 34 hospitals across Australia, making it the third largest operator in the country. It's also one of Australia's largest providers of psychiatric services.
Under the Aboriginal Land Rights Act 1983, if land owned by an Aboriginal Land Council falls within a certain category, it is automatically exempt from rates and charges that may be levied by a Local Government Area or Water Authority.
Taking into account the $300 million allocated for Indigenous housing and the $177 million underspend in 2021–22, the October 2022–23 Budget provides $1.1 billion more than the March 2022–23 Budget for Indigenous Australians-related matters, averaging $4.2 billion per year over the forward estimates.
Proportion of all land that is Indigenous owned or controlled. Nationally as at June 2022, 16.1 per cent of Australia's land area was owned or controlled by Aboriginal and Torres Strait Islander people. This is unchanged from the same time in the previous two years (June 2020 and 2021) (figure SE15a. 1).
Chinese property buyers are re-emerging in Sydney after years of COVID-19 restrictions. Households saved money in the pandemic and real estate is a form of revenge spending. Some can pay in cash or with a small loan, buying a Sydney family home for a similar price to a Shanghai apartment.
Australia's mining industry is 86% foreign owned, Although many people think BHP and Rio Tinto as Australian companies, BHP is 76% foreign owned, and Rio Tinto is 83%. Between them they constitute 70% of listed mining company resources.
Resources and energy also play an important role in the China-Australia investment relationship. China is an important source of foreign investment in Australia. Foreign investment in Australia means greater infrastructure, more productivity and more jobs for Australians.
The communist nation of 1.4billion people owns an airport in Western Australia, nine million hectares of Australian land, several Aussie coalmines and wind farms and even the Port of Darwin, a key strategic asset.
The Williams family, of Williams Cattle Company in South Australia, have the title of owning Australia's biggest farming aggregation — the 2.37 million-hectare Anna Creek and The Peake Stations, covering an area bigger than Slovenia.
At the Macquarie Australia Conference on Friday, the country's largest office landlord, Dexus (DXS.AX), said market pricing implying a 20% to 25% downgrade in asset values was excessive.
The New South Wales Stolen Generations Reparations Scheme provides ex-gratia payments of $75,000 to living Stolen Generations survivors who were removed from their families and committed to the care of the New South Wales Aborigines Protection or Welfare Boards.
Aboriginal and Torres Strait Islander people and Indigenous holding entities don't need to pay income tax or capital gains tax on native title payments or benefits.
They do not receive “free payments” because they are Indigenous nor are they exempt from doing the work. Specific government programs not “free payments” are available to address the economic and social disadvantage that Indigenous Australians may face.
Funding available
The maximum available is $2,500. This grant can be used toward: Legal fees including the administrative costs of buying a property, and preparing a will. Property valuations.
Aboriginal communities in NSW can claim land to compensate them for historic dispossession of land and to support their social and economic development. The Aboriginal Land Rights Act 1983 (ALRA) was introduced to compensate Aboriginal people in NSW for dispossession of their land.
Hamilton Island was purpose-built for tourism
Hamilton Island was purchased by Australian winemaker Bob Oatley in 2003. Since it's purchase the island has been transformed into one of the world's best holiday destinations.
Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. In 2016, the New South Wales Government offered the effective sale of a 50.4% stake in Ausgrid, through a 99-year lease. Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings.
China company Mengniu Dairy owns the following brands: Dairy Farmers, Pura, Farmers Union, Masters, Moove, Dare, Vitasoy, Yoplait, Fruche, Divine Classic, YoGo, Big M, Berri, Just Juice, Daily Juice, King Island Dairy, South Cape, Tilba, Timboon, Tasmanian Heritage and Clover Creek,” the text above the image reads.