The Tasmanian Government has expressed deep concern following the Federal Government’s decision to approve the sale of Rushy Lagoon.
Acting Premier, Bridget Archer, said there are serious questions to be answered about the Federal Government’s decision to approve the sale and commit taxpayer money to a potential buyer.
“Tasmanians are asking why the Federal Government committed support and investment into this project before the Foreign Investment Review Board’s decision,” Acting Premier Archer said.
“Backing a project, and then going through a process to decide if it’s fair or not, does not pass the pub test.
“We recognise the value of investment in regional Tasmania, but we hold serious concerns about the way this process has played out.
“Rushy Lagoon is one of Tasmania’s most significant farming assets and has made a major contribution to our dairy, beef and cropping sectors for decades.
“This decision will have a significant impact on Tasmanian farmers, the North East community, and Tasmania’s agricultural capacity.”