All-Australian bid for Kidman tops joint Australian-Chinese bid

Mining boss Gina [jeena] Rinehart's offer to buy the Kidman cattle empire has been topped by a higher and possibly more lucrative bid by an all-Australian consortium over the weekend. Four wealthy Australian graziers have offered a joint $386 million bid to buy S Kidman and Co. But Ms Rinehart and her Chinese partner, Shanghai CRED, still have the right to match it. Manny Tsigas reports.

Nick Xenophon says an all-Australian bid for the Kidman land sale should be taken into account.(AAP) Source: AAP