Farm forestry is increasingly promoted in many countries as a land-use option which is likely to provide benefits in terms of improving the viability of agriculture, developing additional timber resources for industry, and enhancing regional development. This paper draws upon experiences of farm forestry in Australia to identify some lessons for its development that may be relevant to other countries. The paper provides an overview of farm forestry in the Australian context and reports on a recent review of leading case studies to provide some insights into means of future development. Three case studies are included to illustrate the diverse nature, and multiple benefits sought, of farm forestry. The important requirements of landholders pioneering farm forestry relate to: managing risks, participating in research and development, contributing to information exchange, addressing key farm issues, developing in-depth farm knowledge, establishing links with government and/or industry, and contributing to long-term community values.