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Best farmers earn 14 per cent return
10 Mar 2005
The farming sector’s top performers have been earning returns on their investment way ahead of either the money or share markets, thanks to a doubling in farm land prices during the past four years. While average annual returns from investment in broadacre agriculture were usually quoted at a low two per cent, ABARE's said many farmers enjoyed capital gains thanks to the property price boom. ABARE estimate that the top 25 per cent of broadacre farmers had earned a 14 per cent return on capital during the past 14 years.
The Land, 10/03/05
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