Get ready Danny

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By Dwain Duxson.

Get ready Danny - Danny Thomas, the leading Rural Property Agent for LAWD, spoke at our last 2 Farmer Tender events, and he told us both times that overseas institutional investors have a liking for Australian Farm Land. 

Well, according to my sources, he is on the money, and he is only going to get busier. I was listening to The Australian Ag podcast (Weekly Times) yesterday morning that featured Liam Leneghan from gofarm Australia. You can listen here. These guys run an Agriculture Management and Investment business and have over 1 billion in Agricultural assets under management.

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Liam said that there is a wall of capital coming from overseas wanting to invest in Australian Farm Land. We are, according to Liam, a very attractive proposition for a number of reasons.

This might scare people, and that is understandable, but the family Farm is the backbone of Australian Ag, and it will remain that way. But we probably need to look at some of the opportunities this institutional money might bring. Upgraded infrastructure, cash for Farmers wanting to get out or retire, the transformation of Farms, the potential for new markets, Farms set up and ready to walk into, etc etc. For me, if they stick to the main Farming pursuits, then we should be able to coexist. What’s your opinion of these overseas institutions coming in and buying our Farm Land? Reply to dwaind@farmtender.com.au

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