AGRIBUSINESS

Foreign ownership of farm land drops slightly

More than 85 per cent of foreign-owned farm land in Australia is used for livestock production.

Mark Saunders
 Almost 14 per cent of farm land in Australia is foreign owned. Picture Mark Saunders.

Almost 14 per cent of farm land in Australia is foreign owned. Picture Mark Saunders.

Published this week, the ownership figures show the total area of agricultural land in Australia with a level of foreign ownership decreased from 52.6 million hectares at 30 June 2018 to 52.1 million hectares...

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