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Thread: Chinese Buying Our Farms

  1. 17th September 2014, 06:26 AM #11
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    BMKal
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    Couldn't be all about the mighty dollar could it ................

    A litre of Australian milk is selling for $9 in China.

    Norco corners fresh milk niche in China
    Cheers .........

    BMKAL

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  2. 17th September 2014, 07:03 AM #12
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    Quote Originally Posted by mools View Post
    We're selling the agricultural land to fund an addiction to cheap food and fund a duopoly. The Chinese buyers put a different value on their asset - future gain. It means little to take a short term loss for a larger long term gain.

    That's how I see the situation.

    Ian.
    Yup, agree.
    They are doing it in most industries they target and with land the old real estate saying applies," their not making any more of it!"
    They have realised well before our govt that the world is not only getting more people but with themselves and India getting a richer middle class that are in the 100's of millions each, sources for high quality food are going to be harder to come by. Combine this with the mass pollution of their own land along with our political stability compared to a lot of other agricultural rich countries and we become a perfect place to not just long term invest in farm land , but stash money into residential as well.
    A family member is friends with an estate agent from the north side of Sydney, they had taken a Chinese investor around to 35 properties between chatswood and st Ives 1,4-2 million each. They where getting sick of no decision so said "have you decided yet" when asked to view another. Their response was I don't like these 5 but will take the other 30
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  3. 17th September 2014, 11:23 AM #13
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    connected?
    https://au.finance.yahoo.com/news/ch...181502804.html
    Cheers, BDave.
    Replace "You are...!", with "Are you...?"

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  4. 17th September 2014, 11:28 AM #14
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    Now the Chinese are set to buy wineries in the Barossa. Some interesting discussion here, Bob


    What's the future for Australian food? - The Future of Food - ABC News (Australian Broadcasting Corporation)






    Foreign investment in Australia's food crops - The Future of Food - ABC News (Australian Broadcasting Corporation)




    Food security an inescapable challenge for the future - The Future of Food - ABC News (Australian Broadcasting Corporation)




    The future of water in Australia - The Future of Food - ABC News (Australian Broadcasting Corporation)
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking
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  5. 17th September 2014, 11:35 AM #15
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    Its scary yes. But it will take 1 flick of the law to farmers sending produce overseas or massive taxes on exports (that will fund farms for aussie consumption) to change it all.

    One thing u can be certain on is that the government will continue to feed us so we can pay taxes. All these parental schemes and baby bonuses arent because they are nice people.

    They will get their money back and then some in the end.

    What china does in retaliation is anyones guess

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  6. 17th September 2014, 01:17 PM #16
    PhilipA
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    Australia always have had foreign investment in our farms.

    A few that come to mind are Lord Vestey who boasted that he never paid tax anywhere.
    King Ranch used to own the biggest cattle station in Australia
    A USA company has the biggest cotton farms around Moree.
    Cargill owns the ginneries.
    Stahmann farms is the biggest pecan grower in Australia
    The biggest olive groves in South Australia are a JV with a Spanish company.
    Its just that the investment is now coming from China.
    Regards Philip A
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  7. 17th September 2014, 03:50 PM #17
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    Any country that we cannot buy land in should not be able to buy oursThe reason fertile land is getting scarse is because we keep growing houses on it instead of food
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  8. 17th September 2014, 04:04 PM #18
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    Quote Originally Posted by PhilipA View Post
    Australia always have had foreign investment in our farms.

    A few that come to mind are Lord Vestey who boasted that he never paid tax anywhere.
    King Ranch used to own the biggest cattle station in Australia
    A USA company has the biggest cotton farms around Moree.
    Cargill owns the ginneries.
    Stahmann farms is the biggest pecan grower in Australia
    The biggest olive groves in South Australia are a JV with a Spanish company.
    Its just that the investment is now coming from China.
    Regards Philip A

    Not just china. Israel as well. They have invested in property, & have one of the largest cattle stations in the Territory. Foreign investment is explained here, Bob


    Foreign investment in Australia's food crops - The Future of Food - ABC News (Australian Broadcasting Corporation)
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking
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  9. 17th September 2014, 05:23 PM #19
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    Quote Originally Posted by snowbound View Post
    Probably they are buys in farms to feed themselves, but the chances are the food will stay in Australia!
    Do you really think the food will stay here when the time comes that they can't feed themselves? I doubt it.
    Dave.

    I was asked " Is it ignorance or apathy?" I replied "I don't know and I don't care."


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  10. 17th September 2014, 05:46 PM #20
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    The trouble is that Australians have been seduced by decades of cheap high quality food. Land taxes and production costs have risen, at the same time the big two supermarket chains have driven down wholesale prices. This makes farming in Australia for Australian consumption unprofitable. The result is that WE import much of the food we eat and the best market for our locally grown produce is export. It is quite hard to sell working farms to local investors for good prices so the Chinese get the bargains. I know quite a number of older farmers that are holding on to their properties to the bitter end as their children have no interest. They will sell to anyone who offers a good price when they finally have to, regardless of where the customer comes from. Australians seem to prefer to invest in mining and the stock market. So long as there's easy money to be made from digging dirt we'll get our fresh fruit flown in from South America and the Chinese will sell what they grow here at home. C'est la vie.
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