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29    Primary Industries—Sale of Van Diemen’s Land Company

Senator Xenophon, also on behalf of Senators Madigan and Whish-Wilson, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 1022—That the Senate—

    (a)   notes:

                  (i)   that the proposed sale of Australasia’s largest and most productive dairy farm holding, Van Diemen’s Land Company, to Moon Lake Investments, is currently before the Foreign Investment Review Board,

                 (ii)   the critical importance of Van Diemen’s Land Company to Australia for food security and our international reputation as a high quality dairy product producer,

                (iii)   the significant environmental importance of the Van Diemen’s Land property with its remnant vegetation, refuge to the last disease-free population of Tasmanian devil in the area and habitat to rare, threatened and endangered native fauna and flora species, and

                (iv)   the opportunity for this iconic and strategically-important agricultural and natural asset to be brought into Australian ownership for the first time; and

    (b)   calls on the Government to consider:

                  (i)   the potential economic, social and environmental benefits that may flow from a viable alternative Australian-based bid for Van Diemen’s Land Company when considering the Moon Lake Investments proposal, and

                 (ii)   the following as part of a national interest test when examining the proposed sale of Van Diemen’s Land Company to Moon Lake Investments:

                  ( a )   the potential for transfer pricing, including any potential loss of revenue to the Commonwealth,

                  ( b )   commitments to the local workforce in terms of the business plan being proposed, and

                  ( c )   any expansion plans of the overseas bid compared to the local bid.

Statement by leave : The Minister for Vocational Education and Skills (Senator Ryan), by leave, made a statement relating to the motion.

Question put.

The Senate divided—

AYES, 14

Senators—

Di Natale

Madigan

Rice

Waters

Hanson-Young

McKim

Siewert

Whish-Wilson

Lazarus

Muir

Simms

Xenophon (Teller)

Ludlam

Rhiannon

 

 

 

NOES, 36

Senators—

Back

Fawcett

Macdonald

Payne

Bernardi

Gallacher

Marshall

Peris

Bilyk

Gallagher

McAllister

Polley

Brown

Johnston

McEwen (Teller)

Reynolds

Bullock

Ketter

McKenzie

Ryan

Bushby

Leyonhjelm

McLucas

Seselja

Cameron

Lindgren

Moore

Smith

Carr

Lines

O’Neill

Urquhart

Edwards

Ludwig

O’Sullivan

Wang

 

 

Question negatived.