Daniel Kemp
Australia’s winter crop set new records this year but a return to more normal rainfall patterns will see production and incomes fall while remaining well above average, according to ABARES.
HESTA CIO Sonya Sawtell-Rickson told the ASFA Conference that having confidence and trust in biodiversity credits was vital to ensuring they become investable.
The institutional investors participated in a Series B round for Loam Bio led by Lowercarbon Capital and Wollemi Capital, taking the start-up’s total funding to A$150m.
A consortium led by AAM Investment Group is planning to submit a bid for Longreach Pastoral College in Queensland – investing directly to try and alleviate agriculture’s ongoing labor issues.
Project Sea Dragon, which was being developed by Seafarms Group on land leased from AAM Investment Group, has been placed into administration following a construction dispute.
PSP Investments has purchased assets owned by Macadamias Australia through its Australian nut platform Stahmann Webster, taking control of more than 1,000 ha of planted orchards.
The firm has named Jeff Briggs for the role, as Mark Rogers readies to step into the CEO role in April 2023 to replace outgoing David Brand.
Australian farmland recorded a ‘solid’ annualized return for Q3 2022, but returns on a quarterly basis fell to just 0.1% as both income and capital growth stall.
The acquisition of Gundaline by a Chinese textiles firm is a sign that Chinese investors are looking Down Under again, with more ‘big deals’ possible in the next 18 months.
Riparian Capital Partners aims to incentivize more sustainable farming practices in the irrigated farming sector through its green water leases, provided via the Riparian Water Fund.