the Australian government has blocked a deal for a Chinese-led consortium to buy a vast swathe of farmland on the continent.
Scott Morrison, the federal treasurer, has said his preliminary view of a A$370m ($230m) bid for S Kidman & Co is that it “may be contrary to the national interest,” .
In mid-April, the Chinese company Hunan Dakang, a pig breeder, through its Australian subsidiary, was in the box seat to lead the purchase of S Kidman & Co, a pastoral company that owns more than 100,000 sq km of Australian farmland, or about 1.3 per cent of the country.
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