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Foreign Ownership of Australian Agricultural Land and Water

Australia is one of the world’s main markets for institutional investment in both agricultural land and water – with the market for the latter holding a unique status globally. Naturally, foreign investors are attracted to the quality of the opportunities on offer.

On the land side, almost all types of agriculture investment are available, from broadacre cropping or irrigated permanent agriculture, to some the largest cattle stations on the planet. The country’s water market, meanwhile, which has ensured water is a regulated, tradable commodity separate from land, is the envy of others overseas.

Foreign investments is naturally a major component of the institutional capital flowing into Australian land and water, as the stories that appear on this page highlight.

LATEST AUSTRALIAN FOREIGN OWNERSHIP STATISTICS

Foreign ownership of Australian water: 2022 statistics

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.

Foreign ownership of Australian farmland: 2022 statistics

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.

PREVIOUS STATISTICS

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RELATED COVERAGE: INVESTMENT IN AUSTRALIA

Briefing: Tokyo Gas commits $25m to Climate Asset Management’s Nature Based Carbon Fund

Tokyo Gas will use the carbon credits generated by the fund to implement its decarbonization strategies.

Warakirri launches cropping business to oversee A$300m Mormon-owned asset

Warakirri Asset Management’s new business Solterra will manage a portfolio on behalf of Alkira Farms, a company associated with the Church of Jesus Christ of Latter-Day Saints.

Impact Ag offshoot snaps up Australian Food and Agriculture Company for A$780m

Australia’s opportunities in natural capital made it a natural fit for the US-listed Agriculture and Natural Solutions Acquisition Corporation.

Macquarie’s Viridis Ag puts four cropping assets up for sale

The assets, known as the Alcheringa Aggregation, are located in Western Australia’s Wheatbelt region and are being sold following significant upgrade work.

Australian regulator puts private markets participants ‘on notice’

ASIC has expanded its strategic priorities to include ‘consistency and transparency across markets,’ which will include scrutiny of private investments.

RELATED COVERAGE: INVESTMENT IN WATER

Warakirri launches cropping business to oversee A$300m Mormon-owned asset

Warakirri Asset Management’s new business Solterra will manage a portfolio on behalf of Alkira Farms, a company associated with the Church of Jesus Christ of Latter-Day Saints.

Impact Ag offshoot snaps up Australian Food and Agriculture Company for A$780m

Australia’s opportunities in natural capital made it a natural fit for the US-listed Agriculture and Natural Solutions Acquisition Corporation.

Australian water looks calm before the predicted storm

With government water buybacks hanging over the market, investors have been striking early to secure entitlements before prices inevitably rise.

Australian water entitlements drop in value for second year

The Aither Entitlement Index has declined due to economic pressures, although prices could be set to rise as the government purchases water through its voluntary scheme.

GoFarm strips out low-hanging fruit in quick tomato turnaround

Significant water entitlements are on the table in the sale of Winlaton Farms – but GoFarm is more than happy to hold onto them as Australia’s buyback scheme may affect water values.

RELATED COVERAGE: INVESTMENT IN FARMLAND

Craigmore Sustainables acquires New Zealand apple orchards

The acquisitions have been made on behalf of an unnamed European client whom Craigmore expects to make further permanent crop acquisitions in NZ.

Briefing: Tokyo Gas commits $25m to Climate Asset Management’s Nature Based Carbon Fund

Tokyo Gas will use the carbon credits generated by the fund to implement its decarbonization strategies.

Warakirri launches cropping business to oversee A$300m Mormon-owned asset

Warakirri Asset Management’s new business Solterra will manage a portfolio on behalf of Alkira Farms, a company associated with the Church of Jesus Christ of Latter-Day Saints.

Impact Ag offshoot snaps up Australian Food and Agriculture Company for A$780m

Australia’s opportunities in natural capital made it a natural fit for the US-listed Agriculture and Natural Solutions Acquisition Corporation.

Briefing: TRS Louisiana to invest $150m in farmland

The pension has a 2% target allocation to the asset class.
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