A consortium of wealthy of Australians and superannuation funds are suing a New Zealand district council, saying they were "dudded" in the sale of a 19,000 hectare dairy farm. New Plymouth District Council in New Zealand dairy rich Taranaki region owns Australia's biggest and oldest dairy operation, Van Diemen's Land Company, in north-western Tasmania. Earlier this month it had signed a $250 million sale agreement with ASX-listed TasFoods - the share register of which includes several wealthy...
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