Words by: Sarah Ison
She has it all, the money, the title, the hard hat – but this is not enough for our Gina Rinehart, as she moved to buy the iconic Fossil Downs Cattle Station yesterday for approximately $30 million.
Competition for the 400,000ha property was allegedly very hot with rumors that media magnate Kerry Stokes was also making his bids for this patch of land, described frequently as ‘A WA icon’.
The station boasts 15,000 heads of cattle, which up until yesterday belonged to the Henwood family, previously the McDonald family (Yes as in old McDonald had a farm- THIS IS THAT FARM) for over 130 years.
The purchase of this significant plot has further expanded Rinehart’s stake in WA’s cattle industry, which is growing at an exponential rate along with the increasing demand for food from our Asian neighbours.
Some are calling this move ‘the end of an era’, as the land, rich in its own history, was bought out by ‘yet another corporation’.
Others commend Rinehart on her ambition and vision for WA’s agricultural industry, calling her a ‘cattle queen in the making’.
Whatever the case, it seems that it’s out of the mines and into the farm yard for Gina, and we just can’t wait to see her smiling out at us from whichever news platform next takes her fancy.