Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.
The Australian Taxation Office has published its annual report covering the state of its register of foreign ownership of Australian water – with Canadian investors still the largest holders of water entitlements.
There are fears that the federal government’s pursuit of 450GL of water through buybacks could cost the state roughly A$15bn, raise water prices and harm food security.
Aither’s annual Water Markets Report shows decline in the Aither Water Entitlement Index, a measure of entitlement values, for the first time in a decade.
The TIAA affiliate reportedly plans to initially not charge any fees as a way to entice independent RIAs, broker-dealers and other wealth management firms.
The minority investment into Parreira Almond Holding Company is the first in support of a 'farmland plus' strategy spearheaded by NewAg Partners co-founder Marcus Wignell and a pair of former Bunge executives.
The ANREV Australian Farmland Index recorded its lowest quarterly result since its 2015 inception despite the total annualized return holding up relatively well.