14 per cent of agricultural land in foreign hands

By Mollie Tracey
July 13 2021 - 12:00pm
FarmBuy Real Estate
The Foreign Investment Review Board (FIRB) approved $8.3 billion worth of proposed foreign investment in the agriculture, forestry and fishery industries during 2019-20. Graph by FIRB.
The Foreign Investment Review Board (FIRB) approved $8.3 billion worth of proposed foreign investment in the agriculture, forestry and fishery industries during 2019-20. Graph by FIRB.

FOREIGN investment makes up 13.8 per cent of Australian agricultural land and during 2019-20 the Foreign Investment Review Board (FIRB) approved 174 applications in the agriculture, forestry and fishing industries, according to FIRB's 2019-20 Annual Report.

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