Gregor Heard has an insightful post on the Queensland Country Life website on how to get rural issues right. I agree with him that closer scrutiny of foreign investment in Australian agricultural land, a policy commitment of the Federal Opposition’s, would likely conclude there’s not much to worry about. Gregor notes:
We definitely need the boost that foreign investment can give our agriculture sector, yet there’s certainly no harm in having investment decisions vetted, and also of having some idea how much farmland is in foreign hands.
We suspect it will show up to be somewhat of a mountain out of a molehill, with the vast majority of ground remaining Australian owned, but it will be nice to have a clearer picture of what is happening in that sphere.