2025 APR 09 AU UNIPARTY AT IT AGAIN: letting the wolves into our henhouse FOREIGN OWNERSHIP.
AU UNIPARTY Leadership ALBANESE and DUTTON CHIRPING CRICKETS
Without prejudice
OPINION
FOREIGN OWNERSHIP of AU PRIMARY INDUSTRY
is power wedge that makes this A NATIONAL SECURITY THREAT.
WAKEUP AUSTRALIA
HE WHO HOLDS CONTROLS OF:
THE PURSE STRINGS! THE FOOD! THE WATER!
HOLDS THE POWER OVER A NATION
Au Senator Gerard Rennick reports: “A mammoth Canadian pension fund has swooped on a swath of irrigated and dryland cropping farmland in the NSW Riverina, after buying out its co-investors in a massive deal. Australian Food and Fibre, backed by majority investor Canada’s PSP Investments, has acquired total ownership of the 30,000ha Kooba aggregation, located near Griffith.
The Weekly Times understands Australian Food and Fibre, a joint venture between PSP Investments and the Robinson family from northern NSW, has bought out the Kooba aggregation’s owners including Australian investors Chris Corrigan and David Fitzsimons plus PSP Investments, in a deal reportedly worth $500m in total.
The Kooba aggregation, which comprises 30,000ha for cotton, crops and livestock plus about 1400ha for almonds, was previously part of Webster Limited, a formerly ASX-listed agricultural company established by Alexander Webster as a traditional pastoral company in 1831.
The pension fund is regarded as the biggest investor in Australian agriculture with land and water assets nearing $8bn, owning subsidiaries such as cropping giant Altora Ag, Aurora Dairies and organic beef and sheep producers Hewitt.
The transaction has received FIRB approval.”
The Australian People First Not Last
Au Senator Gerard Rennick said: “Under People First, the Foreign Investment Review Board would be required to block this sale. It’s outrageous that the biggest investor in Australian agriculture is a foreign pension fund. Why aren’t our superfunds buying Australian farmland, instead of investing more than a trillion offshore. It’s just another example of how the establishment puts the people last.”
Related Editorials (RE)
RE 01: PSP Investments, a Canadian pension fund, could now be the largest owner of water in the Murray-Darling Basin READ HERE
RE 02: Record price paid for iconic WA farming property Erregulla Plains1 (22,000 hectares in the Midwest region) READ HERE
Acknowledgement Original Sources
Main Editorial Credit to Au Senator Gerard Rennick | Facebook-handle: @gerard.rennick | Facebook-tagline: “A mammoth Canadian pension fund has swooped on a swath of irrigated and dryland cropping farmland in the NSW Riverina, after buying out its co-investors in a massive deal. | Facebook-post: VIEW HERE | Facebook-time-(AWST): 11:03 AM | Facebook-date-(AWST): 2025 APR 09 | 4CMnotes: GERARD RENNICK People First Party
Related Editorial 01 Credit to: Clint Jasper | Credit to: ABC news | Headline: PSP Investments, a Canadian pension fund, could now be the largest owner of water in the Murray-Darling Basin | Date-Stamped -(AWST): 18 Feb 2020 | Editorial: READ HERE
Related Editorial 02 Credit to: James Liveris | Credit to: ABC news | Headline: Record price paid for iconic WA farming property Erregulla Plains (22,000 hectares in the Midwest region) | Date-Stamped -(AWST): 10 Feb 2020 | Editorial: READ HERE
{Erregulla Plains, about 380km north of Perth, is known for its optimal soil health, high yield potential and reliable rainfall. Market experts say the sale is another example of large amounts of foreign capital seeking exposure to cropping land. The farm had been with the Smart family for three generations, playing a strong role in agricultural innovation ABC}