Qantas Super plans to generate a higher proportion of returns from the agricultural sector after committing $200 million to the development of high-yielding horticultural crops on properties managed by farmland investor goFARM.

The majority of the funds – $150 million – has already been allocated to two goFARM assets, the Riverina Trust, a 1758-hectare aggregation of irrigated farms near Griffith in the Murrumbidgee Irrigation Area, (including 5000 megalitres of water entitlements) and Sandmount Farms, a 6500ha portfolio with 50,000 megalitres of water near Katunga in Victoria’s Goulburn Valley.