Further to the June 5 post re. Henbury Station’s purchase by RMWAH, here’s quote in The Australian from CSIRO ‘site leader’ Ashley Sparrow, regarding ‘revegetating’ Henbury and turning it into a ‘carbon sink’: “…. the rejuvenation would be “a slow process, since most recovery relies on big rainfall events. I would expect in a while, and after […]
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AACo has sold Meteor Downs Station to Xstrata, presumably to be run by Colinta Holdings
July 23rd, 2011AACo has sold the central Queensland cattle station ‘Meteor Downs’ to the Swiss mining company, Xstrata. Meteor Downs is 17,000 ha 40km SE of Springsure (between Emerald & Roma), and it was purchased in 1990 to run the AACo’s Brahman and Santa Gertrudis studs. In recent years it has been running Wagyu cattle, and growing forage crops […]
RMWAH buys Henbury Station, Alice Springs
July 5th, 2011R.M. Williams Agricultural Holdings (RMWAH) has apparently just purchased Henbury Station, on the Sturt Highway 125km south of Alice Springs. The 5,168 square kilometre station has an extensive creek and river system (including Finke and Palmer River frontage) and has 15 permanent waterholes. It was for sale through Elders – after being passed in at auction […]
Impact of Australian live export ban – AACo share trading halt
June 8th, 2011The 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 […]
Food Freedom Blog
June 6th, 2011American woman Rady Ananda runs an interesting website dedicated to discussion of food production issues, called ‘Food Freedom’. The site focuses on discussion relating to food safety, ‘food freedom’ (the right to choose one’s own food and farmer) and trade agreement issues. Rady draws attention to under-reported issues and controversial, thought-provoking topics. A classic example of an […]
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 […]
Australian Food Security & foreign investment
October 14th, 2010After air and water, food is the most vital necessity for human beings. So only complete fools would ignore any threat to the future provision of quantity and quality food. Yet here we are, more than 20 million of us, virtually ignoring what is happening under our very noses. Why? Presumably because the average Australian […]
AACo head office (Brisbane)
September 29th, 2010Fiona Lake’s image ‘Mitchell grass & mackerel sky’ can be seen on the wall behind AACo MD/CEO David Farley in the current issue of Australian Farm Journal magazine.
Allan Myers QC taken to court by fellow Tipperary Station shareholders
September 27th, 2010Former Tipperary Station joint managers and 10% shareholders are taking 80% owner Allan Myers AO QC to court