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The tax system is the one lever available to Government which could potentially stymie the growth in farmland purchases by investors and the super wealthy, writes Declan McEvoy.
Susan Maher, agricultural development manager (southeast and midlands) at Bank of Ireland and recently appointed president of the ASA, discusses the key trends the bank is seeing in the agri sector.
Caitríona Morrissey and Declan O'Brien examine the control of land sales in Europe, including some states that dictate minimum and maximum prices, and who can buy.
A reduction in the volume of farmland coming on the market, and strong demand from non-farming interests are cited as the main factors underpinning land values.
The residential farm at Ballynacloona, Carrick-on-Suir, went under the hammer on 12 June but was withdrawn at €1.8m (€14,000/ac) as it did not reach the reserve price.