Home Australia

Australia

Australian Agricultural Company to shut Livingstone Beef meatworks in A$80m write-down

The company, which posted an A$35m EBITDA loss in FY 2018, said earnings had been hit by increased competition and input costs.

Should you invest in a food infrastructure fund?

Mark Fischer of Australia’s Qualitas says institutions are increasingly keen on ‘crossover investments’ spanning ag, real estate and infrastructure. Agri Investor examines the firm’s latest fund, currently in market with a A$204m target.

200,000ha broadacre portfolio comes on the block in Western Australia

Current owner John Nicoletti sold 70,000ha of land to Hong Kong's CK Life Sciences in 2016 in what was then the biggest single offering of freehold land in Western Australian history.

Roadblocks for blockchain

The ability to track agricultural products end-to-end across the supply chain could solve many problems, and help farmers capture more value – but it’s not without obstacles.

Blockchain start-up hopes to foster peer-to-peer lending between farmers

Australia-based BlockGrain says its technology could help growers earn additional revenue while helping others avoid costly bridge loans and overdrafts.

Australia’s second-largest cattle station up for sale

The biggest ag investors Down Under are expected to target Clifton Hills station in South Australia.

Australian real estate firm seeks to carve out agri niche with A$400m flour deal

The asset will anchor Qualitas’ new food infrastructure fund, which is seeking more than A$200m in pledges from domestic and international institutions.

Australia announces tax changes in rebuff to foreign ag investors

Overseas buyers will no longer be eligible for some tax concessions through Managed Investment Trusts, prompting fears in the investment community.

Blue Sky launches business review and further boardroom changes

The asset manager's share price continued to fall today, falling below the short-seller's target of A$2.66.

Blue Sky’s new MD: ‘Our LPs probably understand our business better than our shareholders’

In an interview with Agri Investor, interim managing director Kim Morison said Robert Shand’s decision to step down was a mutual one between himself and the board.

Copyright PEI Media

Not for publication, email or dissemination