S. Kidman
OVERALL |
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Owned |
AUS |
Rating |
Pastoral company
Beef producer acquired by a consortium led by Australian billionaire Gina Rinehart and Chinese company Shanghai CRED in 2015. Acquired clothing manufacturers Driza-Bone and Rossi Boots in 2023.
Company Ownership
S. Kidman & Co Pty Ltd | AUS | website | ||||
Hancock Prospecting Pty Ltd
owns 67% of S. Kidman & Co Pty Ltd |
AUS | website | ||||
Iron ore mining Founded by Lang Hancock in 1955 and now chaired by Australia's wealthiest person Gina Rinehart. Gina Rinehart owns 76% of the company and is the daughter of Lang Hancock. Operates major mining projects in WA and Queensland. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
S. Kidman & Co Pty Ltd | ||||
This company operates two feedlots, one in Queensland and one in NSW. A feedlot is an intensive confinement animal feeding operation (CAFO) for cattle, much like a factory for 'battery chickens'. Each animal has 5 to 10 square metres of space in a pen of 50 to 200 cattle. The cattle are forced to stand and sleep in their own dung and urine, and endure extremes of weather (especially heat). Close confinement means a much higher risk of disease so antibiotic drugs are routinely used. Grain feed commonly causes their digestive systems to be acidic. Cattle spend up to a year in feedlots, where they are fattened up before slaughter.
Source: company website (2023) |
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Hancock Prospecting Pty Ltd | ||||
This company pleaded guilty to breaches of the Corporations act, resulting in fines worth $130,000 for failing to lodge annual reports with the Australian Securities and Investments Commission on time. 13 breaches between three companies attracted fines of $10,000 for each offense.
Source: Australian Mining (2015)
According to the democracyforsale.net website, this company donated $441,900 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
Between 2015 and 2018 this company paid $965 million tax on a total income of $7 billion, earning the number 19 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018) |
Company Details
Founded | 1899 |
Subsidiaries | Rossi Boots Pty Ltd
Boot makers Founded in Australia by Arthur Rossiter in 1910. Rossi boots are made in Australia. Acquired by Propel Group in 2020, ending 110 years of family ownership. Gina Rinehart's S. Kidman took over ownership in 2023. |
Contact Details
Address | Level 14, 500 Queen St, Brisbane, QLD, 4000, Australia |
admin@kidman.com.au | |
Website | www.kidman.com.au |
Products / Brands
S. Kidman
Driza-Bone Outdoor Wear |
Rossi Boots
Rossi Work Boots |