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Showing 21 - 30 of 216 results for "drought"

Strong year for farmland assets

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... farm-gate prices for livestock, grains, oilseeds, sugar and cotton and a surge in production following the breaking of drought conditions throughout calendar year 2020 contributed to widespread growth in Australian farm incomes to 30 June 2021," the ...

New responsible agricultural fund seeks $300m

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... fund to sophisticated investors that uses land restoration practices that combats carbon emissions and Australia's drought problem. Brisbane-based Australian cattle property investment manager Packhorse has launched the Packhorse Pastoral Company ...

Farmland value grows in all states

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... while the west saw a 37.5% increase. An estimated 1.4 million hectares of farmland was traded in NSW. This was down to drought conditions in the north of the state continuing into 2020. The south (12.4%) and south west (6%) saw sales activity decline ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... loose" in Hawaii while Australia burned. The bushfires that devastated much of southeastern Australia and the ongoing drought prompted downgrades to Australia's economic outlook and its thwart towards its seemingly assured path towards a budget surplus. ...

Super fund buys stake in retirement village

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... under the Lendlease brand. Aware Super chief investment officer Damian Graham said: "Following the impacts of bushfires, drought and COVID-19, we have seen a strong uplift in Australians considering the safety, security and affordability of retirement ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... the project will result in clearing of the Pilliga Forrest and could contaminate ground water in an area that is already drought effected. The community has protested Santos' plans for these reasons. According to the Newcastle Herald, one man was ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... investing on behalf of three additional funds: the Aboriginal and Torres Strait Islander Land and Sea Future Fund, the Future Drought Fund and the Emergency Response Fund. The Future Fund has announced in the past its intention to move to a "cheaper ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... tweeted. In his opening speech, Frydenberg said Australians have been tested like never before, as a result of "flood, drought, fires, and a global pandemic," but failed to invest in managing climate change. Budget estimates show $3.5 billion will be ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... circumstances around this budget are unlike any other since the Second World War. It's also easy to forget the impact of drought and bushfires which had a jarring impact on the economy long before the pandemic took hold." Meanwhile, the Australian Banking ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... replanting and replacing damaged on-farm infrastructure. "This is in addition to the government's $5 billion Future Drought Fund, which will build Australia's capability to plan and prepare for future droughts," he said. The Murray-Darling Basin ...