TAG
Rushy Lagoon
Following the approvals, following the money: TasFarmers
Tasmania's largest farm is set to be sold to UK investment manager Gresham House, one of Britain's largest managers of pine plantations and rural land investors, subject to final approval from Australia’s Foreign Investment Review Board.
There’s no social licence for Rushy’s sale: TasFarmers
The peak body for Tasmanian farmers has released its Rushy Lagoon Land Use North-East Community Impact Survey. TasFarmers said it had received concerns from numerous members regarding the proposed sale of Rushy Lagoon, and federal government support allowing a foreign-owned entity to purchase the property and convert it to a pine plantation.
TasFarmers raises red flags as Rushy Lagoon decision delayed again
Farmers are demanding answers after the sale of Tasmania’s largest farm, Rushy Lagoon, was granted a third extension for review by the Foreign Investment Review Board. TasFarmers said the repeated delays, now extending beyond the standard statutory reporting timeframe, raise serious questions about the financing and transparency of the proposed foreign investment deal.
