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The Sydney property developer Roy Medich and the Singapore-based retail magnate Brett Blundy are also small shareholders. During the six months to the end of September, it received $6.7m in jobkeeper payments, helping drive it to an operating profit of $23.5m, a dramatic improvement on the operating profit of $6.3m it declared in the same period in 2019. Higher beef prices were another major factor in the increase, which brought the company close to breaking even over all. It is weighed down by interest costs and the cost of maintaining a shuttered slaughterhouse at Livingstone, south of Darwin. The company declared a loss of just $1.7m, compared with a loss of $14.1m for the same period in 2019.

AustraliaUnited kingdomSydneyNew south walesSingaporeAustralianBritishJoe lewisJessica ruddHugh killenKevin ruddDonald mcgauchieBrett blundyRoy medichNational farmer federationAustralian agricultural company