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Foreign investors in Australian farms, rash or prescient?

CANBERRA/SYDNEY: For all the willing buyers seeking tracts of Australian farm land, local investors are not among them. They wonder what all the fuss is about. Years of weak and volatile returns and some of the harshest weather on earth suggest a wave of foreign interest in Australia’s farms and agricultural assets is on a fool’s errand. -“Overseas investors are too dumb to realise that they are not going to make money out of Australia agriculture,” said David Leyonhjelm, an…

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