Record cattle prices, low interest rates and good seasonal conditions have fuelled a property boom in northern Australia's beef game, with some high-profile names set to cash in.Farmland values are on the rise across Australia, with the median price per hectare up 12.9 per cent
According to Rural Bank, the median price per hectare for Australian farmland increased 12.9 per cent last year. "But anything to do with red meat is behaving very well and we've seen some sensational results in the beef cattle sector in particular."In terms of being able to generate a return from such huge farmland investments, Mr Rayner said the fundamentals were strong.
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