Australia

The Australian government's Clean Energy Finance Corporation has committed up to $30 million to a carbon farming fund that seeks to expand its existing 100,000-acre landholding to 500,000 acres.

Rising interest rates and higher production costs have failed to dent the appetite for prime livestock stations as demand from cashed-up farming families looking to expand outweighs a limited supply of properties for sale.

The $8.7 billion Sydney-based global investor and manager of nature-based property assets has formed New Agriculture to build a much bigger portfolio of agriculture assets.

Macquarie Asset Management is stepping up its investment in farmland, taking control of Cowal Agriculture, a cropping enterprise affiliated with US-based Global Endowment Management.

Foreign investors in Australian rural property now pay up to $1 million in fees when applying to buy farmland or commercial agribusiness assets.

Comprising 38 organic, traditional, horticultural, and broadacre cropping farms, the Lake Boga assets are situated between Lake Boga and Kerang in northern Victoria.

Chinese agribusiness giant, New Hope Group, has moved to buy itself a comfortable majority share of the big Australian Fresh Milk Holdings dairy farming business.

Australian farmland manager Gunn Agri Partners has acquired 6,000 hectares of land for its Transforming Farming Platform, which is backed by the Dutch asset manager Kempen.

Australian farmland manager Gunn Agri Partners has acquired 6,000 hectares of land for its Transforming Farming Platform, backed by the Australian government-owned clean energy finance corporation and Dutch asset manager Kempen.

Hassad has invested in international institutions and companies operating in the grain, meat, poultry, livestock and fish sectors, in a number of countries such as Australia, Canada, Turkey, Oman, Saudi Arabia, and Sudan.

Young people are moving away, foreign and domestic investors are moving in and smaller farms are being swallowed up.

Created specifically for domestic and offshore institutional investors, the fund has already secured significant cornerstone funding from one of the largest pension funds in Europe