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Gina Rinehart pushes on with sell-off of NT stations

  As predicted, the Territory properties for sale are the Aroona, Willeroo, Riveren and Inverway and the strategically located Phoenix Park feeding, export depot and farming operation located near Katherine. Ms Rinehart is also selling three West Australia cattle stations, the Nerrima, Ruby Plains and Sturt Creek. All up the properties for sale cover 1.8 million hectares in the NT and WA, with 108,500 head of cattle.   The individual stations are all highly regarded beef production properties with rich histories in the Australian beef industry. Hancock Agriculture has undertaken an extensive and comprehensive capital works program to improve all the properties. Elders head of agribusiness investment services, Mark Barber said given the strategic advantages and operational efficiencies that can be achieved by operating the portfolio as an integrated beef production enterprise, Elders anticipate receiving offers for a whole of portfolio sale from both domestic and intern

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