Calculation error in % land ownership - should be 2.3% ownership. Curiously, leasehold is viewed as ownership.
ATO register of Foreign Owned land in Australia June 30 2018
https://cdn.tspace.gov.au/uploads/sites/79/2018/12/Register_of_Foreign_Ownership_of_Agr.pdf
From the enclosed charts, as at June 30 2018:
China 9,169,000 Ha
Total Agricultural Land: 393,797,000 Ha
China (2.3 per cent of agricultural land)
Around 80 per cent of foreign held agricultural land is held on a leasehold basis. Curious that leasehold is listed at ownership. What then does ownership mean?