ANZ is one of the five largest listed companies in Australia and is the number one bank in New Zealand. ANZ was named Canstar’s Agribusiness Bank of the Year for a third consecutive year, in recognition of their quality products and services, as well as their ongoing commitment to the agriculture sector and to regional Australia’s long term growth.
The Department of Primary Industry and Resources was established by the Northern Territory Government on 12 September 2016. The department brings together many of the key functions that drive economic development on Northern Territory (NT) lands, coastal areas and inland waterways.
Nuffield Australia 2019 Scholarship winner
Frank Miller from Rapid Creek, Northern Territory, receives a Nuffield Scholarship supported by ANZ and the Northern Territory Government. Through his research, he will investigate ways to realise the optimal value of Northern Australian timber investments.
Having worked extensively in Australia’s forest and timber industries, Frank is CEO of African Mahogany Australia, where he oversees the largest plantation of its kind in the world, in addition to running a substantial fodder cropping operation in the Northern Territory.
Frank’s study program will specifically focus on African mahogany plantations and examine how diversification can benefit investment, as well as identify emerging market opportunities for the product, both in Australia and abroad.
“The African mahogany industry is showing great promise here in the Northern Territory. My research aims to increase knowledge for the industry by exploring ways to enhance value through smart land-use management, especially during the plantation’s growth phase,” he said.
“On my travels, I plan to visit a range of plantations in the Asia-Pacific region as well as Brazil, which is rapidly becoming a hub for African Mahogany plantations, and where integrating land uses, such as various food crops and grazing beef cattle within plantations, are being developed.
“On return from my Nuffield study tour, I look forward to sharing my learnings and recommendations to help improve the investment decision-making process regarding African mahogany plantation development.”