Weekly Property Review: Demand outstripping supply in Central Qld

In a follow-up to last week’s property report on Chinese investment, this week we talk to David Goodfellow about the investment strategy he has adopted on behalf of Chinese investor Rifa Salutary in building the company’s expanding beef portfolio in Australia.

This time last year China appeared to have an insatiable appetite for Australian cattle properties, with numerous Chinese companies buying or pledging to invest hundreds of millions of dollars in large-scale beef operations. However, the anticipated frenzy of buying activity has halted, with the last significant sale made eight months ago.