Jun 21, 2026 – 12.02pmBillionaire Gina Rinehart and her Chinese co-investor have sold a prized Queensland grazing property for more than $60 million, after blaming the state’s foreign land tax regime for the decision to put it on the market five months ago.Sold to local farmers, the Rockybank aggregation is part of the S. Kidman & Co portfolio and includes three properties sprawling over close to 23,000 hectares in the state’s south-west.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles