Michael Jackson's Neverland Ranch sold for knockdown price

Billionaire investor Ron Burkle, a former family friend of Jackson, recently bought the sprawling 2700 acre (1100 hectare) estate, his spokesman said on Thursday.

The Wall Street Journal said the estate, which was renamed Sycamore Valley Ranch several years ago, sold for $US22 million (approx $NZ31m) according to public records. In 2015, the asking price was $US100m and in 2017 it was re-listed for US$67m.

CTA calls for support and investment

Chris Addison of the Netherlands’ based Technical Centre for Rural and Agricultural Cooperation (CTA) has revealed.

Speaking during a Pacific community agribusiness forum this week in Fiji, Addison said Governments should also consider strengthening farmer organisations and local producers’ efforts to find competitive and profitable markets in the tourism industry and meet the demand for volume, quality, regularity and safety requirements.

PNG’s Department of Agriculture and Livestock and Women in Agriculture are participating in the three-day forum which ends today.