Episode Details

Gresham House, a British firm, seeks to buy Tasmanias largest farm, Rushy Lagoon, for over $100 million. The firm plans to transform the beef and dairy farm into a forestry operation for timber, carbon projects, and biodiversity credits. However, locals, including beef farmer John Tucker and Dorset Council mayor Rhys Beattie, oppose the shift, citing food production concerns and potential threats to food security. The farm has a history of high-profile sales and investments, including a proposed wind farm. Tasmanias farmland prices are among the highest in the nation, driven by stable climate, irrigation, and soils, as well as growing demand for green investments. The decision on the sale is pending.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/f27919a9ff07c5c1