RFM Newsletter: June 2020 Edition
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Newsletter from Rural Funds Management Limited EDITION 13, JUNE 2020 Cricket, football and massacres An article by David Bryant, Managing Director Page 4 Rural Funds Group's participation in the global food system Page 9 Agricultural property outlook Page 15 About Rural Funds Management Limited Back cover Disclaimer and important information This publication is not an offer of investment or product financial advice. Rural Funds Management Limited (RFM), ABN 65 077 492 838 and AFSL No. 226701, has prepared this publication based on information available to it. Although all reasonable care has beaen taken to ensure that the facts and opinions stated herein are fair and accurate, the information provided has not been independently verified. Accordingly, no representation or warranty, expressed or implied, is made as to the fairness accuracy or completeness or correctness of the information and opinions contained within this document. Whilst RFM has taken all reasonable care in producing the information herein, subsequent changes in circumstance may at any time occur and may impact on the accuracy of this information. Neither RFM, nor its directors or employees, guarantee the success of RFM’s funds, including any return received by investors in the funds. Past performance is not necessarily a guide to future performance. The information contained within this document is a general summary only and has been prepared without taking into account any person’s individual objectives, financial circumstances or needs. Before making any decisions to invest, a person should consider the appropriateness of the information to their individual objectives, financial situation and needs, and if necessary seek advice from a suitably qualified professional. RFM is the Responsible Entity and Manager for Rural Funds Group (ASX: RFF). RFF is a stapled entity incorporating Rural Funds Trust ARSN 112 951 578 and RF Active ARSN 168 740 805. Australian Executor Trustees Limited is the custodian for the Rural Funds Group. To read more about their privacy principles, please visit www.aetlimited.com.au/privacy. Scan the QR code to read how RFM is "Managing Good Assets with Good People” by growing record crops in central Queensland. Front cover: Rain coming, Mutton Hole, Gulf of Carpentaria, Queensland, February 2020. Inside cover: Cotton harvest, Lynora Downs, central Queensland, March 2019. Cricket, football and massacres David Bryant, RFM Managing Director Rewan, RFF property located near Cullin-la-ringo, central Queensland, May 2019. On 7 August 1858, a game of football with forty flowed freely to a 21-year-old athlete with more players per side, commenced on Richmond ability than judgement. Paddock, next to the Melbourne Cricket Ground (MCG). This game, between Melbourne Grammar Wills returned to Australia, arriving in Melbourne in and Scotch College, is considered to be the first December 1856, and within only three weeks was documented game of Australian rules football. representing the cricket-obsessed colony of Victoria Despite continued play over three consecutive in the intercolonial against New South Wales, played Saturdays, the game was declared a draw at one at the Domain, Sydney, in January 1857. One year goal all. With so many players on a field of 800 later he became captain of the Victorian XI, leading metres in length, two umpires were required: Tom the team against NSW in a game played at the Wills and John Macadam, two men who are the MCG. The hours of parliament were adjusted, and subjects of this story. employers rearranged work hours, so that 15,000 spectators watched the game over three days. Wills, the grandson of convicts on both sides, was born on the Molonglo Plains, (the site of which today Wills took five wickets in the first innings, then when is Lake Burley Griffin in Canberra) and spent his batting in the second innings, he was knocked early years in the Western Districts of Victoria on a unconscious when facing a delivery that struck him family property near Moyston (where Rural Funds on the jaw. Attended by a doctor, Wills resumed Group (ASX: RFF) owns the 291ha Rosebank batting after several minutes, batted for another two vineyard). It is suggested that, during these hours and scored 49 not out. At the end of innings years, young Wills learnt and probably played an “the ring of spectators rushed the field, throwing Tom Indigenous football game called Marn Grook, which onto their shoulders, and marched into the pavilion. entailed punt kicking and marking a ball made from Victoria had all but won.” stuffed possum skin, amongst sometimes more than Now proclaimed “the greatest cricketer in the land”, 100 players. At the very least, there is evidence that Wills articulated his thinking on “Winter Practice”, he learnt the local Indigenous language. with a letter published in a weekly sporting paper After some years of school in Melbourne, Wills called Bell’s Life in Victoria and Sporting Chronicle was sent to the Rugby School, England, where he – a paper that became the weekly magazine, distinguished himself and the school as a bowler Australasian Post, until its demise in 2002. The and batsman, becoming captain of the cricket team following thoughts appeared four weeks prior to the at age 17, and establishing the school as “the most famous football game on Richmond Park. watched team in England.”1 He also excelled at Sir, – Now that cricket has been put aside for some football, at the time a ferocious game often involving hundreds of players, according to rules devised by the boys. Wills' success as an athlete mirrored his failures in academic achievement, to the disappointment of his parents, who had hoped their son would return to Australia with a law degree from Cambridge. At the end of his schooling, Tom, having failed to matriculate, travelled Britain, playing cricket at elite levels, soaking in the attention and alcohol that Thomas Wills (left) and John Macadam (right). 1. de Moore, G., Tom Wills First wild man of Australian sport, Allen and Unwin Sydney 2008. De Moore, a consulting psychiatrist at Sydney’s Westmead Hospital, became interested in Wills as a result of his interest in male suicide. Quotes concerning the life of Wills are from de Moore, unless otherwise noted. 4 EDITION 13 JUNE 2020 few months to come, and cricketers have assumed By 16 November, news of the “The Wills' Tragedy” somewhat of the chrysalis nature (for a time only 'tis had been circulated around the colonies with true), but at length again will burst forth in all their detailed accounts of the events and aftermath varied hues, rather than allow this state of torpor to appearing that day in the Sydney Morning Herald. creep over them, and stifle their new supple limbs, The following extract from that article is not easy why can they not, I say, form a foot-ball club, and reading:3 form a committee of three or more to draw up a code of laws.2 Four weeks after the publication of this letter, Wills THE WILLS' TRAGEDY. and John Macadam umpired the famous football (BY AN EYE-WITNESS.) game mentioned above. In May of the following (From extraordinary to Queensland Guardian, Nov.12.) year, Wills and three others met at the Parade Hotel Orion Downs, 27th October. opposite Richmond Park and the MCG to form the Melbourne Football Club and to formulate the rules The parly proceeded to the tents, and the following of the game. Having considered the rules used by bodies were seen and recognised :— British schools, they settled on rules designed to 1. Mr. Wills, who was found lying on his back, reduce the likelihood of injury, and therefore achieve about two paces from his tent door. He had ap- Wills’ objective of a winter sport to keep cricketers fit. parently been intercepted in attempting to reach the Wills other fundamental contributions were his fame horse, which had been tied up within twenty yards of him. There was a deep tomahawk wound in his as a cricketer and now footballer, which encouraged right cheek—the neck being nearly severed just greater participation in the new sport, while his below the same spot by a large wound, probably advocacy of the removal of the offside rules enabled inflicted with an axe. In addition to these the whole a more free-flowing game. skull was bruised end dreadfully beaten with waddies. His revolver was found lying near him with In January 1861, Wills joined a group of 25, led by one chamber discharged. No other resistance of his father, Horatio, to establish a new family property, any kind appears to have been made by any of the sufferers at the head station. A pile of fire- called ‘Cullin-la-ringo’, on the Nogoa River in central arms, guns, carbines, &c., was found near the tent, Queensland. The party, consisting of stockmen some of which had been put into a fire, and otherwise and shepherds, and their wives and children, partially destroyed ; all of them were loaded, as if left Melbourne by steamer to Brisbane, and then intended for distribution when required. No arms of travelled overland with bullock wagons and drays, any kind were found near the persons of any of the victims, with the exception of those about Mr. Wills’ with stores arriving at Rockhampton 16 weeks later. tent. From there they travelled west to Cullin-la-ringo, 2.—At a tent a few yards behind Mr. Wills, Mar- located not far from three RFF properties: Rewan, garet Manyon, a girl apparently about ten years of age, killed with blows of waddies upon her head. Lynora Downs and Mayneland. After nine months of She had been sitting in a shady spot at the door of travel, they arrived on the property and immediately her father’s tent reading a prayer book (Catholic), began construction of huts and stockyards, 20km and nursing.