High-profile farm family selling up and asking millions
A renowned pastoral family is selling the six-property holding in South Australia’s mid-north which they’ve held for 27 years.
Agribusiness
Backpackers returning, but not to Aussie farms
Home Affairs data shows working holiday visas are being issued at a rate not seen since before the pandemic.
Winery investment with a dividend paid in bottles
Dave Powell wants to raise $10m for his super premium, yet struggling, Barossa Valley winery, after ASIC’s concerns with the process were assuaged.
Dairy giant shutters factory, jobs to go in Victoria and SA
Saputo – which makes the cheese formerly known as Coon – will close one of its Australian factories and curtail operations at two others.
Iconic luxury Merino wool farm on the market
The family behind one of the world’s renowned luxury Merino wool businesses have put their farm on the market with price expectations of about $30m.
Asparagopsis nearing a price for industry widespread take-up
Meat and Livestock Australia says the game-changing asparagopsis feed supplement is nearing a price point that will pave the way for broad industry take-up.
Packhorse Pastoral to sell $120m-plus portfolio
After the sudden passing of their co-founder Tom Strachan, Packhorse Pastoral Company are selling three cattle farms.
Packhorse Pastoral puts portfolio on the market
Groundbreaking cattle grazing and carbon sequestration investment company Packhorse Pastoral has put its three stations on the market in the wake of its co-founder’s death.
Relief over Fonterra settlement
Farmers have expressed relief after Fonterra settled a class action case over the 2016 clawback.
Fonterra settles farmer class action for $25m
The dairy giant has settled with about 1000 farmers who alleged the company’s attempt to clawback $60m in ‘overpayments’ was deceptive and unlawful.
Perpetual must make Pendal deal work harder
The pressure has ramped up on the fund manager’s chief executive Rob Adams to show that he is not giving away too much value through an unpopular merger.
Carp numbers to boom
Failure to release a carp-killing virus, while chasing huge volumes of irrigators’ water for the environment, will cause carp numbers to boom.
David Littleproud on water buybacks
The threat of water buybacks will threaten Murray Darling Basin communities, the Nationals leader says. Listen now.
Government free to strip irrigators of water
Federal water bureaucrats can now walk into irrigator water markets to snap up their entitlements for the environment.
SA farm makes almost $35,000 a hectare
In a stunning result, a South Australian family has sold its 630ha farm, smashing price expectations at auction.
Value of foreign investment in Australia surges
Foreign appetite for Australian farmland has grown significantly. See who the biggest investors are in a record $8.5 billion year.
Resilience the key to growing old
Building resilience as we grow older is about deep connections – and laughter.
$100/kg of lamb chops?
Growth in demand for ethically-produced food may present an opportunity to tap in to growing global markets according to leading sheep farmer Tom Bull.
Farmer anger over water stored ahead of floods
Questions are being raised about why so much water was left in Murray Basin storages as a wet winter approached.
Australia signs global methane pledge, but no new taxes
The federal government has assured farmers the US-led pledge is not binding and there would be no new taxes.
British billionaire’s influence on AACo board grows
The country’s biggest beef producer has appointed an executive from Joe Lewis’ investment group as director after the Tottenham FC owner’s holding grew beyond 50 per cent.
‘Urgent’: FMD defence delayed
Hopes of plugging a major gap in Australia’s foot and mouth disease defence are fading with two state farmer organisations failing to adopt a harmonised scheme.
Farmers ‘unfairly targeted’ in emissions reduction quest
A South Gippsland beef cattle farmer tells The Australian Ag Podcast the federal government should be asking the gas sector to “tighten its belt”.
Costa shares slump 13pc as citrus outlook sours
Shares in Australia’s largest fruit and vegetable wholesaler are down sharply with its full year citrus earnings to come in lower than expected due to weather conditions and higher costs.
Rain dampens bumper winter grain crop forecasts
Australian farmers are expecting another bumper winter crop but excessive rain has impacted production in NSW and Victoria.
‘Accelerate’ Murray Darling Basin buyout
Federal Water Minister Tanya Plibersek’s bureaucrats want her to strip away irrigation community protections, to “accelerate” water recovery.
Meat company placed in administration
A prominent Victorian meat company with links to this year’s Mt Disappointment helicopter crash has entered administration. Read all the details.
Flat wine prices squeezing margins further
New analysis shows Australian wine is not rising in step with the cost of food, despite farming inputs rising steadily.
The cattle empire that’s red meat for billionaires
The Australian Agriculture Company is the world’s biggest wagyu producer, has five planes and 14,000km of road. And it’s attracting a lot of attention.
Murray cod fattening farm on the market
A small farm in NSW’s Eastern Riverina which combines Murray cod fattening and a citrus plantation is on the market tempting niche players to enter the sector.
Original URL: https://www.theaustralian.com.au/business/agribusiness/page/19