Joint Statement by Cross Bench Senators against sale of VDL

We the undersigned Senators of the Australian Parliament, call on the Government of Malcolm Turnbull, and in particular Treasurer Scott Morrison, to reject the proposed foreign sale of Australia’s biggest dairy, Van Diemen’s Land Company.

This is Australia’s biggest and most productive dairy with a huge potential for future growth in Australian hands.

We urge that the Foreign Investment Review Board reject this proposed sale so that Australian investors have an opportunity to give an alternate bid where the emphasis is Australian ownership and the social and economic benefits that flow from that.

This 20,000 hectares of prime dairy country and refuge for the endangered Tasmanian Devil is a priceless asset and it is clearly in the national interest for it to be in Australian hands.