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Rich farmers

December 2025

Bannister Downs Dairy and its owners, Sue and Mat Daubney.

Cash cow: WA dairy booms thanks to billionaire Gina Rinehart’s backing

Bannister Downs, run by third generation dairy farmers, Suzanne and Mat Daubney, is the cream of the crop in a struggling industry.

Best 10 podcasts.

Here are 10 of the best episodes from The Fin in 2025

There were land grabs, crypto scams and corporate scandals. These are the podcast’s top episodes from this year that you should catch up on over summer.

August 2025

Wagyu Rich Listers fatten outback portfolio with Qld deal

Peter and Jane Hughes, already among the world’s biggest producers of wagyu beef, have added a central western Queensland cattle property to their operation.

April 2025

The Tulmur, Tranby and Owens Creek aggregation in central west Queensland spans close to 75,000 hectares.

Cattle baron Sterling Buntine puts $20m central Qld run up for grabs

Buntine’s is a big name in northern Australia, with a portfolio that stretches from the Kimberley, across the Northern Territory to central Queensland.

February 2025

Australia’s tuna queen, Lukina Lukin.

The Bangkok teacher who saved the Lukin tuna empire

When pioneering fisherman Dinko Lukin died in 2011, nobody thought his wife – 31 years his junior – could save the business he had left drowning in debt.

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January 2025

Australian beef sales to the US surged last year.

Why 2025 could be a bumper year for these Australian farmers

The agriculture sector may be in for a stellar 2025 but much still depends on the weather, Trump’s tariffs, and the war in Ukraine.

December 2024

Jeremy Clarkson at the farmers’ protest against inheritance tax in central London.

‘Authentic’ Jeremy Clarkson tops polls in disaffected, desperate UK

His shift from Top Gear cars to Diddly Squat cows has so enhanced Clarkson’s everyman appeal that people are asking if a political future beckons.

October 2024

Ellerston Capital's Ashok Jacob.

Project Crescent: Ellerston taps into WA’s wheat belt with agri bet

The deal terms mean it can force an IPO of the leading John Deere agricultural equipment distributor after three years.

Adelaide businessman Ed Peter is restructuring part of his business empire.

Ed Peter’s Duxton empire in pain as it cuts jobs, sells properties

The former bank executive has built a considerable asset management business with wealthy backers. But tough times have forced it to restructure – and shrink.

September 2024

Why the family farm has become a huge inheritance challenge

Succession planning can be extremely difficult, but it doesn’t have to be if you start talking early and come up with a workable strategy.

August 2024

Beef heir Anthony Lee, current Australian Country Choice CEO and son of billionaire Trevor Lee.

The beef baron, the waste magnate and the battle for Brisbane

A bustling weekend farmer’s market on the city’s fringes has emerged as a battleground in a stoush between two industry titans.

July 2024

National Farmers’ Federation president David Jochinke.

Cattle farmers go to war with Labor over class action

Cattle farmers have accused Attorney-General Mark Dreyfus of launching an appalling, contemptuous and “outrageously misleading” attack on them.

Attorney-General Mark Dreyfus.

Cattle farmers trying to boost profits at taxpayers’ expense: Labor

Attorney-General Mark Dreyfus says the government was not budging on its $215 million offer to settle a decade-old class action.

March 2024

Cattle

Farmers have $6b sitting in tax haven accounts

Australia’s farmers have almost $6 billion sitting in tax haven accounts and most are financially secure despite a much smaller national grain harvest and big fluctuations in cattle prices.

January 2024

Secretive Chinese billionaire Hui Wing Mau is the controlling shareholder in real estate group Shimao, and has a number of holdings in Australia.

Inside the descent into chaos at a Chinese billionaire’s cattle empire

“My view was that animals would die, employees would leave, the companies would be sued, and then more cattle would die.”

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November 2023

John Kahlbetzer snr playing at family Polo grounds at Jemalong in 1993.

John Kahlbetzer, from oil rigs to the Rich List, dies

German-born Kahlbetzer worked in the fossil fuel industry after arriving in Australia in his early 20s before his entrepreneurial flair built a vast fortune.

July 2023

goFARM chairman Robert Costa.

What Robert Costa thinks of $1.6b takeover offer

The co-founder of Costa Group sees spinning off part of Australia’s biggest horticulture business as a smart option, amid a $1.6 billion private equity approach.

May 2023

Kimberley cattle

Labor offers $215m to end decade-old live export legal stoush

Cattle farmers have been offered the money to end the court battle over Labor’s 2011 temporary ban, well below the industry’s $2 billion demand.

March 2023

Former Bendigo and Adelaide Bank managing director Mike Hirst.

Banker warns super tax may force ‘a hell of a lot’ of farmers to sell

AMP director Mike Hirst, who owns a cattle farm near Geelong, says Labor’s proposal could force farmers who “eke out a living” on the land to sell their properties.

January 2023

Jumbuck Pastoral bought Wave Hill Station for $104m in February 2021.

Billionaire cattle barons cash in on booming beef prices

Gina Rinehart and Brett Blundy offloading up to $1 billion worth of property, in a once in a generation change.

Original URL: https://www.afr.com/topic/rich-farmers-1mqy