Yesterday
Quintis receivers put sandalwood trees, factory up for sale
Sandalwood plantations in WA and northern Queensland and an essential oil distillery in Albany are being marketed by Elders on behalf of receivers.
- Larry Schlesinger
This Month
Federal buybacks in Murray-Darling Basin to stem fall in water prices
The Commonwealth’s plan to buy back 70 gigalitres of water entitlements in the southern Murray-Darling Basin has already lifted water prices in some markets.
- Larry Schlesinger
Ex-QIC boss Damien Frawley sells organic cattle farm for $25.5m
The new owners of Gowan Station near Blackall are Chinchilla-based cattle breeders Shane and Helen Hutton.
- Larry Schlesinger
July
Costa family puts Victoria’s biggest tomato farm on the market
goFARM, a joint venture between the Costa family and Liam Lenaghan, is selling 4,855ha Winlaton Farms which grows field tomatoes sold to Kagome.
- Larry Schlesinger
‘Death clause’ triggers an extra $1.2m for vendor
“You’re not legally allowed to ask for a price reduction just because someone dies,” said the agent. But one buyer did – and then pulled out of the sale.
- Michael Bleby
Great Barrier Reef island visited by Captain Cook set to fetch $20m
Quail Island near the Whitsundays was last purchased for $2 million in 2020. Meanwhile, a cattle station north of Alice Springs is on the market for about $40 million.
- Larry Schlesinger
Seppeltsfield buys up as Australian Vintage offloads two vineyards
The ASX-listed producer behind McGuigan and Tempus Two will exit one property in NSW and sell another in South Australia to its privately owned rival.
- Kylar Loussikian
Georgian homestead near Canberra sold for the first time since 1841
Manar was an 11,000-acre farm when it was purchased by Scottish emigrant Hugh Gordon with his inheritance for £12,000.
- Larry Schlesinger
US private equity firm lists $250m farming portfolio
Proterra Investment Partners is having another go at selling its One Tree Agriculture portfolio spanning 21 farms in NSW and Queensland.
- Larry Schlesinger
June
- Exclusive
- Farming
Fund manager Allan Fife pays $11m for 180-year-old Yass sheep farm
The Fife Capital founder will add Dowan Hill to a farming portfolio that includes Stonehenge, a sheep farm in Tasmania he bought last year for $25 million.
- Larry Schlesinger
Rural Funds eyes further sales of farms to cut debt and risk
Rural Funds COO Tim Sheridan says the trust may look to sell half-stakes in other cattle, cropping and macadamia properties it currently owns and operates.
- Larry Schlesinger
Grong Grong (population 150) does its bit to solve the energy crisis
Small-scale solar farms like that at Grong Grong can fly below the radar but represent a large opportunity to plug renewable power into the system.
- Nick Lenaghan
Australia Post warns ‘clock is ticking’ on its regional bank services
The government-owned postal service says it wants to strike new, more expensive deals with lenders to prevent Bank@Post falling into financial loss.
- James Eyers
German billionaire bags $17m cattle farm, Chinese tycoon into cotton
Cathrina Claas-Muehlhaeuser has bought Tuwinga in the NSW Liverpool plains, while investor Jacky Cheung has emerged as the buyer of a big NSW cotton farm.
- Larry Schlesinger
May
- No.107
- Rich List
From refugee to Rich Lister: the incredible journey of Charlie Shahin
Shahin was born in Lebanon where his family, as Palestinian refugees, couldn’t own land. Now he has bought a million-acre NT cattle station.
- Updated
- Larry Schlesinger
‘Paying a pittance’: Australia Post wants banks to boost funding
Ahead of a Senate estimates hearing on Thursday night, Paul Graham says its banking service is heading towards a loss and contracts need to be redrawn.
- James Eyers
Rest Super-backed Cibus to push into carbon farming and robotics
Cibus Capital will make a big push into regenerative farming and will use the latest robotics to expand one of the country’s biggest seedling growers.
- Larry Schlesinger
Rural Funds, SA winemakers list $80m of cattle stations
Rural Funds is selling two cattle properties in Queensland’s Gulf of Carpentaria, while the SA-based DiGiorgio family is selling Aroona Station in the NT.
- Larry Schlesinger
Wagga sheep farm of Fraser-era minister Wal Fife listed for $30m
The 2000 hectares Gundary was owned by the late politician until his death in 2017. Mr Fife served in the NSW and federal parliaments for over 35 years.
- Larry Schlesinger
ANZ wants to revisit Bank@Post deal amid scrutiny of branch closures
It is the only major bank not to allow customers to access services through Australia Post. Rural branch closures will be a focus of a Senate report this week.
- James Eyers
