Three of Australia's biggest agribusiness investors believe a wave of new capital – both offshore and domestic – is poised to flood into the sector as global demand grows for wheat, beef, lamb and other Australian commodities.
"There's a wall of interest in investing in Australian farmland," said Elizabeth O'Leary who heads up Macquarie Group's agriculture funds that include sheep and cattle giant Paraway Pastoral and cropping aggregation enterprise Lawson Grains.
"For the last seven years, Australia has missed out on the significant land appreciation that has occurred in places like Canada and the US due to various trade and climatic conditions."
As a result, she said Australian farms look "relatively well priced at the moment" and were made more attractive by the lower currency.
"Australia is seen as a stable, more reliable and more predictable jurisdiction to establish and do business in and with a government and banking sector that operates in a very transparent way. It's also a very predictable jurisdiction to do an exit from too.
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