Aug 18, 2017 Last Updated 2:35 PM, Aug 17, 2017

New Entry From the Editor :

Telstra cuts dividend outlook after disappointing FY performance

Telstra cuts dividend outlook …

AusBN - Telstra (ASX:TLS) has revealed its full-year (FY) profit dropped 33...

Contrasting fortunes for Origin and Woodside in FY results

Contrasting fortunes for Origi…

AusBN - Origin Energy has posted a full-year (FY) loss of AUS$2.2 billion a...

Report finds majority of top Australian firms ill-equipped for business in Asia

Report finds majority of top A…

AusBN - A report by think tank Asialink has found that a large majority of ...

China invests in Australia’s agriculture

AusBN – Two large Australian cattle stations have been bought by a Chinese billionaire for A$47 million.

It is the third deal this year involving a Chinese investor purchasing Australian farmland.

Tianma Bearing Group owner Xingfa Ma acquired a 40,000 head of cattle along with the 705,700 hectare Wollogorang and Wentworth stations.

CBRE Australia’s Geoff Warriner commented on the acquisition: "Wollogorang is located within one of the country's most unique and diverse regions, with favourable land and soil types supporting what is already a successful cattle breeding operation." 

@AusBNOnline

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