Kidman the Cattle King Traditional Cache
Hidden : 5/26/2018
Difficulty:
1.5 out of 5
Terrain:
1.5 out of 5

Size: Size: small (small)

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Geocache Description:


The Cache
All moo relationship gone from the cache now. Replaced on 18 Nov 2022. Smaller container now in play to be a little harder for muggles to see. Please put back carefully.

Kidman the Cattle King
S. Kidman & Co (offices at 183 Archer St) was founded in 1899 by Sir Sidney Kidman. He was one of the greatest pastoral landholders in modern history and became known by the nickname of "The Cattle King".

S. Kidman & Co is still the largest private landholder in Australia, although now on a much smaller scale. The entire landholding was placed up for sale in 2015, eleven cattle stations with a total area of over 100,000 square kilometres (38,610 sq miles) with a herd of 155,000+ cattle.

A bid to take over the company by overseas investors in 2016 was blocked by the Federal Treasurer who cited the national interest clause in the Foreign Investment Act. A $365m bid by Ms Rinehart (Australia’s richest businesswoman) was gazumped by a group of wealthy Australian farming families, the BBHO consortium ($386m). Ms Rinehart counter offered and won. Ms Rinehart's Hancock Prospecting owns 67 per cent of S Kidman and Co with partner Shanghai CRED taking a one-third minority stake through their joint-venture company Australian Outback Beef (AOB). The sale did not include the defence-sensitive Anna Creek Station or The Peake which was sold to a local South Australian grazier family.

Additional Hints (No hints available.)



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