Foreign purchases of prime agricultural land up 180 per cent in three years
Foreign-owned land equates to eight times the size of Tasmania
Foreign non-tax paying entities out-bid locals for land by 10-25 per cent
To what extent have foreign buyers made inroads into purchasing Australia’s prime agricultural land? Head of the NSW Farmers’ Federation Water Taskforce Xavier Martin shed light on this at the NCC National Conference on February 8.
Citing data from the Farm Weekly ne…
