In this episode, our host David is joined by the founder of Agrarian Management, Paul McKenzie, focusing on the topic of conversation at every rural gathering - land prices.
Paul has over 29 years of experience providing advice in farm business management, corporate governance, risk mitigation, finance, grain marketing, staff recruitment and succession planning to high-net wealth farm business owners and investors. His impressive credentials continue as Paul is also the Director of several ASX, research and large private and sovereign wealth agri companies and an enthusiastic farmer.
Over the years, Australia's land prices have been on a rising trajectory. A report published by Rural Bank stated that the median price per hectare of Australian farmland has increased by 20% in 2021 to $7,087 per hectare. David and Paul will discuss the impact of rising land and commodity prices, the alternatives to buying more land and the land buying headwinds that must be considered before purchase.