This is Australian Classic Car magazine. Each month they have a page on "Rusty Treasures" - typically rare/valuable old cars rusting away in someone's backyard/paddock.
The current issue has a pic of a half a dozen cars, what looks to be a Honda CB twin, and this:
Any idea of what it is? It looks like its been butchered (steel strap welded on behind foot peg, funny extra bars in front of the engine, etc).
My guess is early Maico, mostly because of the external fork springs and the rear hub - but then again, the brake and sprocket are on the wrong side.
There are no other pics of it. The article specifically does not mention where the farmer's paddock is.