Daniel Kemp
New research from the CRCNA finds that aquaculture in the north has significant potential to grow if barriers to investment are overcome.
Australia’s largest general insurer takes a stake of an unknown size in CSIRO-backed DAS, in a deal worth ‘millions of dollars’.
The A$53bn industry fund says it may have to invest over shorter time horizons if the early withdrawal scheme is extended, despite a desire to extend its ag portfolio.
Changes to financial hardship provisions have seen members affected by covid-19 withdraw significant sums, with the largest funds and those with membership cohorts in struggling industries the hardest-hit.
China has threatened major tariffs on barley while restricting imports of beef in what it calls an ordinary trade dispute but the Australian government suggests is ‘economic coercion’.
PSP’s first investment in Australia’s cattle sector was its stake in HCA, which is disposing the Mt Cooper aggregation to focus on organic production.
Raphael Arndt will move up from CIO to take on Future Fund’s top job and the sovereign wealth fund will soon launch a search for his replacement in the investment role.
The firm’s first regional Australia-New Zealand fund will convert from a 10-year closed-end fund in a move that could be replicated in its other funds.
The coronavirus-induced recession has prompted concerns the country could emulate New Zealand’s restrictive and lengthy approvals process in the long term.
With current annual output estimated at A$80m, a focus on increased processing capacity and investment in new plantations could lead to industry growth.