FIRB greenlights $100M+ foreign farm buyout despite food security laws
The Australian Treasurer approved the $100M+ sale of Rushy Lagoon to a UK-managed trust, sparking legal debate over the national interest test, the use of ‘marginal agricultural land’ classification, and taxpayer money committed before FIRB clearance. Potential administrative law challenges loom.
Source: hardenexpress.com.au · begadistrictnews.com.au