Canberra Travel Talk

Why Travel is Important & What Travel has Taught Me

Who owns Australia? Our biggest land barons

Who owns Australia? You’d be surprised to learn that the billion dollar barons of our farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund.

These three groups, the Canadian PSP Investments, the New York Teachers Insurance and Annuity Association of America and Macquarie Agriculture own a total of 6.3 million hectares of our agricultural land, AgJournal has revealed.

While the largest owner of Australian land by size is Gina Rinehart’s Hancock Prospecting – with 9.7 million hectares – the hectares owned by the top three are worth more than $7.4 billion.

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Aerial of 1.22m ha Brunette Downs station owned by 200 year old Australian Agricultural Company.

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