Australia

Farmers buy back Riverina holding from US fund

American pension fund giant TIAA sold its Southern Riverina farming aggregation between Wagga Wagga and Albury in southern NSW to local Australian farmers after more than a decade of ownership.

Investors turn to ag sector

Agricultural investors say the COVID-19 crisis has had little impact on their business and investment intentions, with Australian agricultural land, water and business assets as appealing as ever to investors.

South Korean conglomerate to exit Warragundi

Giant South Korean conglomerate Hanwha Group is looking to make an exit from the Warragundi aggregation in Australia, just over a year after taking control of the largest acreages in NSW’s Mudgee region.

Forrests outbid Indigenous group for WA cattle station

Mining billionaire Andrew Forrest says conservation and heritage considerations must be balanced against the need for farming, after outbiding the Yi-Martuwarra people for a vast land holding on their territories.