Yesterday
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
This Month
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
- Opinion
- Opinion
Mood shifts in the bush as farmland’s long run peters out
The mood has changed in the bush.Farm incomes are tipped to fall in 2023-24, driven by declines in crop production and reduced prices for livestock.
- Robert Harley
Seppeltsfield owner’s vineyard shopping spree targets Millennials
Leading South Australian winemaker Warren Randall has made two organic wine acquisitions in three months, with more to come, to attract younger customers.
- Campbell Kwan
Overseas ownership of farmland falls to seven-year low
China is the largest offshore investor in farmland with a 2 per cent holding, but owns less freehold land than the US, Netherlands and UK.
- Larry Schlesinger
Farmland returns fall to eight-year low as El Nino hits
A $2 billion portfolio of prime farmland managed by some of the country’s leading asset managers delivered just a 2 per cent total return in 12 months.
- Larry Schlesinger
September
Morrison & Co regenerative farming fund bulks up with $17m Qld deal
Pastoral Partners chief executive Deion Campbell says he expects the fund to exceed 100,000 hectares by the end of the year.
- Larry Schlesinger
Former beef boss helps UK fund plant its flag in macadamias
Climate Asset Management has snapped up 1800ha of former sugarcane farmland near Bundaberg for $40 million and plans to convert it into macadamia orchards.
- Larry Schlesinger
Two km of private beaches: Remote Cape York beauty yours for $15m
Known as Utingu, the remote freehold site with ecotourism potential was once the home of novelist Jack McLaren.
- Larry Schlesinger
August
Roc Partners sets the Pace for poultry deals
Roc Partners had been in pole position to buy the egg producer after its founders put the business up for sale last August via PwC.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Global buyers sweet talk Bundaberg Sugar, owners start $600m auction
Belgium’s Finasucre, which has controlled the Queensland business for more than two decades has tapped Lazard Australia and Kidder Williams.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Farming
Wheat king Ron Greentree buys Quintis’ WA sandalwood estate
Quintis has sold a 517ha sandalwood plantation near Kununurra to Ron Greentree’s Prime Grain and is preparing to sell another plantation of similar size.
- Larry Schlesinger
Macadamia investment starts to pay off for Rural Funds
Rural Funds expects the rent it receives from its huge macadamia developments will double in fiscal 2024 while macadamia prices are also rebounding.
- Larry Schlesinger
Corporate buyers tipped to bid for $170m of farming aggregations
Fund manager AAM has put its Sunshine Farms aggregation in NSW up for sale for more than $90m, while a European family is selling Fairview in SA.
- Larry Schlesinger
A first look at Paul Bangay’s dream English cottage garden
The landscape designer created one of Australia’s most famous enclosures, then moved on. Now, he opens the gate on his latest passion project.
- Hans van Leeuwen
