The Australian Agricultural Company (AACo) has asked for a halt on share trading until Friday, while the company assesses the impact of the live export ban. The AACo is Australia’s oldest pastoral company and now Australia’s largest, with landholdings of more than 1% of the continent’s landmass and almost 500,000 head of cattle. Indonesia is Australia’s largest export […]
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NT’s Victoria River District cattle stations for sale
January 22nd, 2011In 1956 Pat Underwood bought Inverway Station in the Victoria River District of the Northern Territory. Riveren and Bunda Stations were split off the original Inverway station – with John and Terry Underwood settling on Riveren in the 1960’s and Reg and Janelle Underwood on Bunda. Then in 2007 John and Terry Underwood bought Inverway and […]
AACo to sell Brighton Downs Station
October 20th, 2010The Australian Agricultural Company (AACo) has just announced they are selling another cattle station, Brighton Downs. Brighton Downs is situated on the Diamantina River, southwest of Winton (western Queensland). It will be auctioned in Brisbane by Elders on 8 December. It was bought by the AACo in 1950. The AACo says it expanded carrying capacity by entering […]
Acton’s Moray Downs sought by Indian Company, Adani Enterprises
September 22nd, 2010Indian Company Adani Enterprises has bought Linc Energy’s coal tenement which runs acrossActon-owned Moray Downs, north west of Clermont (Central Queensland). Unsurprisingly, Adani Enterprises are interested in purchasing Moray Downs cattle station as well. Owning the land where mining tenements are located simplifies the development and operation of mines for the owners. Buying the pastoral lease as well as […]
Pastoral Company Websites & cattle station jobs
June 10th, 2010Pastoral Company websites – why do they exist and why do so many companies not have a website?
Another remote cattle station advertised for sale online
June 1st, 2010Harkness Station is another remote cattle station for sale, being advertised online, by way of a Google Ad appearing up the top of searches for cattle stations for sale. Harkness cattle station is a very well-watered property located on the Coleman River headwaters on Cape York Peninsula – halfway between Mareeba/Cairns and Weipa (approx 500km […]
Geoff Wagstaff & Paraway Pastoral Company
May 27th, 2010Geoff Wagstaff (ex King Ranch & AACo) now working for Paraway Pastoral Company.
Amalgamation of pastoral leases
May 11th, 2010Why does the government continue to turn a blind eye to the amalgamation of northern cattle stations that are large and profitable enough to be run as stand-alone businesses; running down built assets that have taken generations to acquire, and creating conglomerations that are out of financial reach of all but a tiny number of exceedingly well off Australians?
RMWAH investment by Westscheme Superannuation
March 29th, 2010Westscheme, a Western Australian based industry superannuation fund managing more than $2.8b billion, has become a minor shareholder (under $2 million ) in RMWAH. R.M. Williams Agricultural Holdings is a joint venture between Ken Cowley and Primary Holdings International.
Macquarie’s Paraway Pastoral Company
March 23rd, 2009Paraway Pastoral Company is the trading name for the Macquarie Pastoral Fund. Set up in 2007, seven properties were apparently purchased in the Riverina district of NSW, including well known Merino sheep studs Pooginook and Stud Park North (near Jerilderie), Steam Plains (between Conargo & Carrathool), mixed sheep & cropping property The Bulls Run (west […]