New owner of Rushy Lagoon outlines plans for pine, cattle and tourism
Gresham House, a UK investor, has acquired Tasmania's largest farm, Rushy Lagoon, and plans to implement a pine plantation, cropping, and tourism initiatives. With an investment of $69 million from the Clean Energy Finance Corporation, the project aims to create 190 jobs over its lifespan. Concerns remain over the suitability of the land for pine cultivation.
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Published 14 Jul 2026, 20:26 UTC · Updated 14 Jul 2026, 20:30 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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