First Select Finance

𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗙𝗮𝗿𝗺𝗹𝗮𝗻𝗱 𝗣𝗿𝗶𝗰𝗲𝘀 𝘀𝗲𝘁 𝗳𝗼𝗿 𝗠𝗼𝗱𝗲𝘀𝘁 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝟮𝟬𝟮𝟲

Australian farmland prices are expected to rise modestly in 2026, with a forecast 2% increase in median price per hectare, according to Rabobank. This reflects a shift to slower, more sustained growth after just 0.4% growth in 2025 and a decade-long average of around 11%.

The outlook is being shaped by mixed commodity prices, high input costs (including fertiliser and fuel increases linked to the Iran war), and the impact of interest rates. While rate cuts in 2025 helped stabilise land values, higher costs and weaker margins are expected to limit growth going forward.

Performance varies by land type and region: grazing land rose 3% in 2025, while arable land fell 1%. Strong livestock returns supported grazing land, while cropping margins weakened. Regionally, NSW and South Australia saw strong gains in grazing land but mixed results in cropping land.

Overall, farmland is entering a slower growth cycle, with modest price increases expected through 2026–2031 amid ongoing cost pressures and tighter farm budgets.

𝟰 𝗧𝗵𝗶𝗻𝗴𝘀 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗿𝗲𝗮𝗱𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝗔𝗽𝗽𝗹𝘆𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗟𝗼𝗮𝗻 𝗯𝗲𝗳𝗼𝗿𝗲 𝗘𝗢𝗙𝗬

With 30 June approaching, many businesses are looking to secure finance before the end of the financial year. Getting your documents in order before you apply can speed up the process and improve your chances of approval.

𝗨𝗽-𝘁𝗼-𝗱𝗮𝘁𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 - Most lenders will want to see your last two years of tax returns and financials. Make sure these are lodged and readily available.

𝗥𝗲𝗰𝗲𝗻𝘁 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗯𝗮𝗻𝗸 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 - Lenders will assess your cash flow and trading history, typically over the last three to six months. Clean, consistent statements make a strong case.

𝗔 𝗰𝗹𝗲𝗮𝗿 𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗳𝘂𝗻𝗱𝘀 - Knowing exactly what the loan is for, equipment, working capital, stock, helps lenders assess the right product and structure for your needs.

𝗬𝗼𝘂𝗿 𝗔𝗧𝗢 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝗶𝗻 𝗴𝗼𝗼𝗱 𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 - Outstanding tax debts or overdue BAS lodgements can complicate or delay an application. Addressing these before you apply puts you in a stronger position.

A Finance Broker can help you compare your options across a range of business lending products and guide you through the application process before the EOFY deadline.