This Month
Centuria bumps agricultural interests to $1.3b in latest deal
The ASX-listed fund manager is pushing into agriculture as part of a broader strategy of diversifying beyond the traditional areas of commercial real estate.
November
Mick Fanning, Zoe Foster Blake back seaweed firm’s ASX listing
The seaweed cattle feed business will be among a string of late ASX listings this year when it debuts on Wednesday with a market capitalisation of $112 million.
Giant glasshouse in fresh hands through $168m deal
Sold by Canadian pension fund PSP Investments to local fund manager, the facility sprawls over 45 hectares, producing tomatoes, cucumbers, and mangoes.
Australian farmers targeted for tariffs in US backlash
American sheep farmers want tariffs on $1.4 billion in annual Aussie lamb imports, amid a rising backlash across the US agricultural sector targeted at Australia.
Inside Australia’s most expensive country estate
Terry Snow ploughed $350 million into Willinga Park, which boasts a horse hospital and a ballroom. Its biggest selling point, though, is the tax break.
Westpac halts rural bank closures until 2030, puts bankers into councils
Westpac made the move ahead of the House of Representatives economics committee’s interrogation of major bank CEOs on Tuesday and Wednesday.
Famed Queensland station home to the ‘Dig Tree’ up for grabs
The sprawling cattle station on Cooper Creek has been a prized grazing property more than 150 years. It also has a unique place in Australian history.
October
Victoria’s Cobungra Station, home to Wagyu beef, up for grabs
The property is one of Victoria’s largest cattle stations and is home to Stone Axe Pastoral Company, a prominent, private-equity backed Wagyu producer.
This finance start-up is flipping the script on rural renewables
Getting local support for green projects in regional Australia is one of the thorniest problems of the energy transition. But RELA sees a commercial solution.
Cattle family makes $20m bid for 111,000-hectare North Star station
North Star Pastoral’s Colin Ross has received a bid from a long-time cattle breeding family on his Hodgson River station in the NT’s Roper region.
All buzz, no sting: bee hotel is a sweet deal
A hotel in Sydney’s CBD is keeping hives just above the buzz of a rooftop bar to help save the species that’s vital for our “continued existence”.
September
Heavy emitters targeted by $300m carbon credit fund
A new fund from UK-based Cibus will provide returns in the form of carbon credits, rather than dollars, focusing on gas producers and other big polluters.
Former Mars executive lists Southern Tablelands cattle farm for $20m
Former Mars executive and lawyer David Newby has listed his 1300-hectare cattle farm for sale for $20 million as he prepares to retire.
Rio Tinto signs up for carbon credits from $250m agriculture platform
Big emitters, including the mining giant, will be tapping the offsets market as Australia races to meet its 2035 climate targets and farming becomes a focus.
Major poultry operation up for grabs as sector heats up
The VOAG portfolio in the NSW Riverina has hit the market amid a surge of interest in the sector, from private equity and institutional investors especially.
August
Wool producers McBrides put Victoria’s biggest farm up for grabs
AJ & PA McBride, a sixth generation, family-owned wool producer, has put one of its most valuable properties up for sale.
Chalmers open to trade deal review after Mormons’ $490m spending spree
The treasurer said Australia welcomed foreign investment, but it had to be in the national interest and trade arrangements had to “keep pace”.
New Forests buys half of McPhee’s Wagyu operation
The family, one of the country’s top suppliers of Wagyu beef. is partially selling down its cattle property portfolio in NSW’s New England region.
Why the Mormon church is hunting for more Australian farms
Senior writer Greg Bearup on the US organisation’s interest in Australian agriculture and whether it’s in the national interest.
Mormon church’s $490m spending spree exposes trade deal blind spot
Farmers fear the American church could change the face of Australian agriculture.