Interesting people complain about china around here .
The register, compiled by the Australian Tax Office, shows 13.6 per cent of Australia's farmland is foreign-owned. UK-based investors own 27.5 million hectares or almost 53 per cent of that portion.
The United States is the second highest country on the register, followed by the Netherlands with almost 3 million hectares, Singapore with almost 2 million hectares, and China with 1.5 million hectares — or less than 0.5 per cent of total agricultural land across the country.
The Philippines, Switzerland, Jersey, Indonesia and Japan round out the top 10 foreign buyers.
Interests in the Philippines and Switzerland own 1 million hectares, while Jersey, Indonesia and Japan own just less than that with 0.9 million, 0.8 million and 0.7 million hectares respectively.
