Australia

Chinese company's takeover of Australian farmland and firms draws mixed reaction from Australia ministers.

New Hope Group announced last year it would invest $500m into Australian agribusiness, and its chairman Liu Yonghao revealed majority of the fund would support New Hope Dairy’s projects in Australia.

Australia is facing $43 billion foreign farming frenzy by Chinese companies, spurred by mounting food security needs and a push to “go global.”

Les investisseurs chinois s'intéressent surtout aux meilleures terres, notamment au bassin Murray-Darling, qui est la principale surface agricole d'Australie

Dans le domaine des terres agricoles, la présence de la Chine en Australie est comparable à celle des États-Unis, explique Brian Healey à Radio Australia.

Labor’s trade spokeswoman Senator Penny Wong has slammed the Coalition’s agricultural foreign investment policy at today’s premier grains industry event.

Australian farms and cattle stations are becoming increasingly attractive to overseas investors - especially Chinese buyers looking for beef sources in other countries.

Xingfa Ma takes on 40,000 head of cattle with the deal, which adds to his other Australian cattle stations and a wine group

The sliding dollar is sweetening Australia's appeal as an agricultural investment destination ripe for overseas companies and fund managers, particularly from North America and Europe.

The West Australia State Government is set to take to market a big parcel of land on the Ord River irrigation scheme in a litmus test of its relationship with a major Chinese investor in WA’s far north.

Financial services giant Challenger has forked out $41 million for a UK-based boutique funds management incubator and distribution group as it seeks to capitalise on rising investor interest in alternative and overseas assets.

From 1 July 2015, the Policy requires that all foreign persons (and foreign government investors) that currently hold interests in agricultural land must register those interests with the Australian Taxation Office (ATO) by 31 December 2015.