Free-trade deals present agricultural opportunities
By Ben Smith and Michael Ning
Australia’s recent conclusion of two free-trade agreements with South Korea and Japan are likely to present significant opportunities in the agricultural sector, and reflect an increasing interest in Australian agriculture from overseas parties.
Interest in Australia’s dairy sector is buoyant following the denouement of the three-way takeover battle for ASX-listed Warrnambool Cheese & Butter Factory (WCB). There have also been a number of high-profile private M&A transactions in the sector with Victoria’s United Dairy Power, Tasmania’s Tamar Valley Dairy and Western Australia’s Harvey Fresh changing hands to foreign investors.
This recent deal flow indicates that investors are prepared to pay a premium for high-quality Australian dairy assets underpinned by Australia’s proximity to the growing number of middle-class consumers in north Asian markets. Furthermore, the new trade agreements are likely to make Australian-based agricultural exports significantly more competitive internationally…
Click on the link below to read the rest of the Minter Ellison briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Minter Ellison
News from The Lawyer
Briefings from Minter Ellison
Minter Ellison presents to the construction industry its annual security of payment roundup for 2014.
The new Foreign Investment Industries Guidance Catalogue will supersede the current 2011 version from April 10 2015.