Chinese ownership of agricultural land soars above 3 million hectares

By Michael Koziol, Political Reporter
Updated November 7 2016 - 8:09pm, first published 5:28am
Chinese ball-bearing billionaire Ma Xingfa. Photo: Supplied
Chinese ball-bearing billionaire Ma Xingfa. Photo: Supplied
The 705,000-hectare Wollogorang and Wentworth cattle station on the shores of the Gulf of Carpentaria.
The 705,000-hectare Wollogorang and Wentworth cattle station on the shores of the Gulf of Carpentaria.
Cubbie Station in south-west Queensland was sold for $240 million in 2013 to a Chinese-led consortium. Photo: Robert Rough
Cubbie Station in south-west Queensland was sold for $240 million in 2013 to a Chinese-led consortium. Photo: Robert Rough

The amount of agricultural land owned by Chinese interests has soared above 3 million hectares, more than double the 1.46 million declared by the Australian Taxation Office last month, according to a Fairfax Media analysis of reported land sales.

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