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I would urge caution if taking a long term view.
I seem to recall reading over the last couple of years that when all the growers in the pipeline finally come online that the market will be flooded and Australia will be export positive for olive oil. This will mean depressed prices and profits.

I'd like to add my two cents worth as well !! Parts of NZ have an ideal climate for producing excellent olive oil and these regions are planting trees like it's going out of fashion. There's sure to be a glut at some stage.
An Australasian Olive Oil lake no less !!
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