Yesterday
- Exclusive
- Farming
Green Bank, global investors pile into $450m forestry and ag raising
The CEFC has put $75m into a new forestry and landscape fund that intends to generate a chunk of its return from carbon and renewable energy.
- Larry Schlesinger
This Month
Saudis put Western Australia’s largest grain operation up for sale
Spread across a swath of the wheat belt, marketing of the $200 million property caps a busy 12 months for major agriculture transactions in the state.
- Larry Schlesinger
Farmland returns fall below 1pc as rate rises, weak beef prices bite
Over the 12 months to September, prime farmland delivered a total return of just 0.2 per cent as income distributions fell and capital values slid backwards.
- Larry Schlesinger
- Exclusive
- Farming
Costa family backs $120m raising for Riverina almond project
Agricultural investor goFARM has acquired 1800ha of irrigated holdings near Griffith, including the 700ha Stephendale vineyard, which will make way for almonds.
- Larry Schlesinger
What AusPost needs to upgrade its banking services
Hot on the heels of Armaguard, Australia Post says it also needs more investment from banks to upgrade its regional outlets to provide cash where branches have left.
- James Eyers
November
Chinese billionaire exits WA cattle station empire in $300m deal
A Canadian investment giant has teamed up with local platform New Agriculture on a mega cattle station deal in the Kimberley region. It comes amid signs the worst is over for the meat market.
- Nick Lenaghan and Larry Schlesinger
- Exclusive
- Farming
Green Bank-backed fund snaps up $80m of NSW farms
Wilga Farming’s acquisitions total almost 14,000ha of NSW cropping and grazing farmland and include Burmah Station, bought from Macquarie’s Paraway Pastoral.
- Larry Schlesinger
Endeavour pounces on Tassie vineyard as premium grapes in demand
Wine broker Stephen Strachan says vineyards in cooler climate regions such as Tasmania, the Yarra Valley and Mornington Peninsula are still sought after.
- Larry Schlesinger
Newcastle eye surgeon buys beef farm owned by one family for 170 years
Peter Davies has added cattle property Riamukka to a pastoral portfolio that includes Queensland’s remote Kilcowera Station.
- Larry Schlesinger
Carbon farming platform bulks up to 150,000ha with $32m deal
The acquisition of the Honeymah and Wongali aggregation is the third in three months by Pastoral Partners, which is owned by NZ investor Morrison & Co.
- Larry Schlesinger
Smithbrook, Amadeus snapped up by agri fund manager Warakirri for $22m
The acquisition of the Amadeus Vineyard and the Smithbrook Estate follows Warakirri’s diversified fund buying the Josef Chromy Estate in Tasmania last year.
- Larry Schlesinger
October
NT’s Broadmere Station sells to Vietnamese-backed hotel developer
Broadmere Station was offered for sale by the estate of the late cattle king Peter Sherwin and offers tourism and carbon potential.
- Larry Schlesinger
Now is the time for farmers to expand holdings
Real estate veteran Col Medway says ‘farmers will be kicking themselves in 12 months time’ if they don’t take advantage of a reduction in land values and stock prices.
- Larry Schlesinger
MacLachlans break up farming empire bigger than Netherlands
The wealthy family has split up a livestock station portfolio bigger than the Netherlands after brothers Jock and Callum quit its Jumbuck Pastoral.
- Larry Schlesinger
Chocolate maker abandons $70m Ferrero Rocher nut orchards
The Riverina estate was planted with 1 million hazelnut trees to supply nuts for Ferrero Rocher chocolates but will be put up for sale for $80 million.
- Larry Schlesinger
How to cut emissions with seaweed and burgers
The development of asparagopsis as a livestock feed supplement is just one of many ways the agricultural sector is reducing emissions.
- Larry Schlesinger
Farmland’s golden run ends as prices fall 3.9pc in six months
After more than two years of surging values, the median price of a hectare of farmland fell 3.9 per cent between January and June, according to Rural Bank.
- Larry Schlesinger
Fund manager, carbon investor team up to buy NT’s Conways Station
Fund manager Sam Mitchell has teamed up with carbon project investor Viridios Capital to buy 139,200-hectare Conways Station.
- Larry Schlesinger
Chinese billionaire selling cattle station empire the size of Belgium
The 2.9m hectare portfolio of East Kimberley cattle stations is being offered by Chinese-Australian property developer Hui Wing Mau.
- Larry Schlesinger
Cashed-up carbon farming fund lifts portfolio to 106,000ha
Morrison & Co’s Pastoral Partners has made its largest acquisition to date after buying the Weonia and Sunset Valley aggregation.
- Larry Schlesinger
