Daniel Kemp
The research body has found that farms with 'high natural capital' are more profitable in financial terms than those with more intensive farming operations.
Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.
Kilter Rural has used its initial capital raise to purchase several assets in the southern Riverina region of New South Wales, with a pipeline of further assets nearby.
The amount of Australian farmland in foreign hands fell by 10% in the year to June 30, 2022, according to the latest set of government figures.
The Australian Taxation Office has published its annual report covering the state of its register of foreign ownership of Australian water – with Canadian investors still the largest holders of water entitlements.
Climate Asset Management has acquired a Queensland asset used for sugar cane production, which it will convert to a more biodiverse macadamia orchard.
Asset managers New Forests, Gresham House, Dasos Capital and Rayonier are among 10 firms that have founded the ISFC to help shape frameworks and policies affecting the nascent natural capital asset class.
The Australian government’s proposed intervention in Murray-Darling Basin water markets should be good news for investors in terms of values – but it may come with additional scrutiny should weather conditions get drier.
The Sydney-based private equity firm will invest in Pace Farm through its Premium Food Fund, which is the vehicle’s sixth investment.
There are fears that the federal government’s pursuit of 450GL of water through buybacks could cost the state roughly A$15bn, raise water prices and harm food security.