COVID-19, skyrocketing prices cool foreign investor appetite for Australian farms - ABC News
4/23/2022 12:00:00 AM3 years 10 months ago
by Eliza Borrello
by Eliza Borrello
Foreign buyers haven't been prepared to spend as much on Australian agriculture during the pandemic, compared to previous years. It comes as the price per hectare of Australian farmland skyrockets.
The Foreign Investment Review Board (FIRB) approved $5.8 billion worth of proposed foreign investment in Australian agriculture, fishing and forestry in 2020-21, compared to $8.3 billion the year bef… [+5225 chars]
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