Tasmania's Largest Farm Sale Approved for $100M+ to UK Investor

Tasmania farm sale forestry

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Federal Treasurer Jim Chalmers approved the $100M+ sale of Tasmania's Rushy Lagoon farm to UK's Gresham House.
The deal, involving a large pine plantation, was deemed in the national interest after FIRB review, despite concerns over transparency and market distortion.

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Federal Treasurer Jim Chalmers approved the $100M+ sale of Tasmania's Rushy Lagoon farm to UK's Gresham House. The deal, involving a large pine plantation, was deemed in the national interest after FIRB review, despite concerns over transparency and market distortion.

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Konularfarm sale forestry Gresham House Jim Chalmers Foreign Investment Review Board pine plantation

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