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In the United States, the purchase of rural land or raw acreage is generally for investment purposes, although some buyers intend to build a home and reside there. Often without standard utility services provided by a metropolitan municipality readily available, individuals have the responsibility to install methods of achieving a regulated standard of living.
The rural land feeding frenzy isn’t over, but it has quickly slowed. Statewide, the volume of rural land sales dropped 26.5% from mid-2021 to mid-2022, according to a new report from the Texas ...
In Australia, a station is a large landholding used for producing livestock, predominantly cattle or sheep, that needs an extensive range of grazing land. The owner of a station is called a pastoralist or a grazier , corresponding to the North American term " rancher ".
Elders is a significant supplier of farm inputs to primary producers in Australia. Products include seeds, fertilizer, agricultural chemicals, animal health products and general rural merchandise. The company also supplies professional and technical services to the rural sector via a network of agronomists. [26]
Ruralco was founded in 1970. By 2001 it had 384 rural supply stores under the brands CRT and Town & Country. In September of that year it merged with Grow Force Australia. [3] In May 2006 it reverse merged with Australia's oldest publicly listed company, Tasmanian agricultural corporation Roberts. [4]
Australia is the world's largest producer of wool. [49] The Australian wool industry was worth $3.6 billion in 2022. [50] The total number of sheep is estimated to be 75 million. [49] In the late 1980s, the sheep flock was 180 million. [51] Only 5% of Australia's wool clip is processed onshore. [50]
Selection is the act of choosing and acquiring a subdivided tract of land for farming purposes in Australia. A selection is also descriptive of the plot of land that was selected. The term derived from "free selection before survey" of crown land in some Australian colonies under land legislation introduced in the 1860s. These acts were ...
Home ownership in Australia is considered a key cultural icon, [1] and part of the Australian tradition known as the Great Australian Dream of "owning a detached house on a fenced block of land." [ 1 ] [ 2 ] Home ownership has been seen as creating a responsible citizenry; according to a former Premier of Victoria : [ who?