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By James Wagstaff
SPECIAL REPORT
Who owns Australia's farms?
Australia’s richest woman has been knocked off her perch as the nation’s biggest landholder.
And a Canadian-fuelled spending spree on Aussie farms has surged past the $5bn mark in the past year.
The Weekly Times’ annual investigation into who owns Australia’s farms has found significant investor movement over the past 12 months.
That’s amid insatiable demand for rural property spurred on by
low interest rates
  a dramatic turnaround in  seasonal conditions
strong farmgate returns
Northern Territory mates Viv Oldfield and Donny Costello of Crown Point Pastoral Company have snatched the coveted top position from Gina Rinehart.
           Big spenders
They claimed the spot after buying 3.2 million hectares from Rinehart's Hancock Agriculture and S Kidman and Co businesses in a landmark four-station deal.
That buy has taken Crown Point Pastoral’s holdings to more than
7.2 million ha 
across northern Australia – that's greater than the size of Ireland.
From a value perspective, Canada’s PSP Investments has cemented its No. 1 ranking with a portfolio of land and water assets estimated at $5 billion.
Swipe up for a list of some our of biggest landholders and the 1000-plus properties they own.

Original URL: https://www.weeklytimesnow.com.au/web-stories/free/the-weekly-times/who-owns-australias-farms-see-our-biggest-landholders