NT News on April 15 2016 ran the story of former bankrupt and failed entrepreneur, Luke Butler, who claims he wants to buy some of the NT's most profitable cattle stations.
Mr Butler's scheme appears to offer Asian investors a way to access vast land holdings whilst avoiding the requirements of the Foreign Investment Review Board. The scheme would make him one of Australia's biggest cattle breeders and exporters according to the NT News.
So what's the catch? Mr Butler was described in the book King of Stings, on Australian swindlers as "one of the great contemporary financial conmen".
Who knows what this will mean for the cattle.
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