Daniel Kemp
Consultant Aither found the average monthly water allocation price was A$550/ML, with entitlement values also ‘well above’ previous records.
Research has found that the level of grain-fed beef exports from Australia could increase to more than 500,000 tonnes by 2030, due to rising demand from an increasingly wealthy middle class in China.
A$13bn LGIAsuper has tapped Troy Rieck to take over as new CIO, leaving the same role at Melbourne-based Equip Super.
Blue Sky’s real assets division is transferred to Oaktree ownership, with rebranded Blue Sky Water Partners set to carry out investment management operations.
New Zealand dairy giant flags writedowns of more than NZ$800m ahead of its full-year results in September when it will report its second ever annual loss.
The firm invested in Cropnuts, which provides lab tests on soil, water and crops, alongside AHL Venture Partners, with food security a continuing thematic for the Dutch family office investor.
The newly-established fund manager has brought in Blakeney to lead its diversified agri strategy, which will invest in water, farmland and private equity-style agricultural assets.
A lack of available land has kept prices high during the drought in Austraila’s eastern states, but that may change as some investors lose patience and look to cash out.
The portfolio in NSW and Victoria will be sold as a whole or in parts and is expected to fetch more than A$150m.
A huge amount of alternative data sources have emerged, but the industry needs to assist official agencies with collection and analysis.