PGG Wrightson this week announced it had added Trans Tasman Rural Marketing – a leading player in the sale of dairy farms in north-eastern Victoria – to its Australian stable.

PGG Wrightson Australia general manager, Nigel Thorpe, says geographical boundaries in dairy farming are fast coming down.

"For farmers to own property or hold investments in both Australia and New Zealand is becoming more common, and a trend we believe will only accelerate, particularly assuming dairy commodity prices remain high for the next few seasons, as most forecasts suggest," Mr Thorpe said.

He said upwards of 40 NZ dairy farmers had purchased Australian farms in the past 18 months, worth an estimated $140 million.

Trans Tasman Rural Marketing - which has a strong presence in Cobram and Finley, NSW – had specialised in catering to this market.

Former principal of Trans Tasman Tim McCurdy will join PGG Wrightson as the licensed estate agent and sales manager for northern Victoria and southern NSW.

* Extract from a full report to appear in Stock & Land, June 12 edition.