Australian farming prices almost double in three years

Farmland prices have almost doubled over the past three years, according to new data from the Australian Bureau of Agricultural and Resource Economics and Sciences. The average per-hectare price for broadacre farmland rose by 93 per cent from 2020 to 2023. Jared Greenville from ABARES said the “extraordinary” growth can be put down to low interest […]

This post was originally published on Michael West.