This week Mr Morrison introduced new rules linking foreign investors’ tax compliance with their licence to operate. The Australian Government has approved the sale of Tasmanian Land Company, the country's largest and oldest dairy farm, to Chinese company Moon Lake, subject to Moon Lake complying with Australian taxation laws. In a statement released on Wednesday, Minister for Agriculture Barnaby Joyce said he had authorised the sale.
The Australian Government has approved the sale of Tasmanian Land Company, the country's largest and oldest dairy farm, to Chinese company Moon Lake, subject to Moon Lake complying with Australian taxation laws. In a statement released on Wednesday, Minister for Agriculture Barnaby Joyce said he had authorised the sale.