Treasurer Jim Chalmers signed off on the official sale of Rushy Lagoon, Tasmania’s biggest cattle farm, a key property. A British carbon-credit company bought it to introduce pine trees where cows previously grazed. The property stretches over thousands of hectares and supplies beef to nearby towns, feeding local markets. Liberal MPs argue the sale endangers food supply and local jobs, sparking concern. Labor’s critics state turning the land into trees will diminish beef output and decrease worker numbers, hinting at longer-term impacts. On 10 July 2026, dozens marched at the entrance, calling the deal reckless and demanding the federal government step in.