Sale of the century - Foreign investors harvesting Australian agribusiness
The Australian agribusiness landscape is changing: just 18 months ago it was plagued by drought and depressed commodity prices, then 12 months ago it was torrential rain and flooding. Now, the agribusiness sector is being flooded again – this time by foreign investors, sparking heated debate about whether this is a good or bad thing for rural communities. In this month’s Ferriers Focus, Stewart McCallum and Matthew Backwell look at why overseas entities are snapping up Australia’s agribusiness assets and how that will impact on the sector.
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