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May 11, 2021
Doug McBean is was raised on a cattle station in the Victoria River District in the Northern Territory. With 30 years under his belt as a helicopter mustering pilot, he’s seen and done a fair bit around the traps.
So, you might think that a podcast episode with Doug would involve all sorts of wild yarns about mustering a helicopter – but that couldn’t be any further from what this episode is about – although don’t worry – we’ve convinced him to come back on the show for one of those episodes!
In this episode, Doug reflects on what he has learnt from his time in the pastoral game, and where he sees an opportunity to strengthen the sustainability of the industry. It’s a really interesting conversation, and similar to one I’ve had with many people across the country – but no one has been willing to speak about it openly… until now. So, be sure to join our Central Station podcast group on facebook and let us know what you think about this episode.
Gina Rinehart puts $300m cattle station portfolio up for sale
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Mining magnate Gina Rinehart has put a $300 million portfolio of cattle stations and livestock in Western Australia and the Northern Territory up for sale as she looks to refine her vast rural holdings and capitalise on strong global demand for prime Australian agricultural assets amid surging beef cattle prices.
The portfolio of seven stations and one feedlot occupy about 1.876 million hectares of prime grazing country - an area one-and-half times bigger than Greater Sydney. It accounts for almost 20 per cent of the 10 million hectares of cattle country owned by Mrs Rinehartâs Hancock Agriculture and S. Kidman and Co, which she majority owns in a joint venture with Chinese real estate conglomerate Shanghai CREDÂ following a $385 million acquisition in 2016.
Share The underlying quality of the country and feed types, the diversity of the rangeland, consistent rainfall, the large run giving economy of scale efficiencies, and potential for development were all attractive, Mr MacLachlan said. It s a generational asset a very long-term play.
Wave Hill Station played a key role in the history of Indigenous land rights after 200 Gurindji stockmen in 1966 walked off the job and went on strike.
as part of Jumbuck Pastoral - a business syndicate run by his cousins Jock and Callum MacLachlan.
Under the deal, $56million was offered up for the land with the remaining $48million set aside for 40,000 Brahman cattle. Pictured: Wave Hill Station
$104m price tag includes the expansive landholding as well as 40,000 cattle
Property by GARY SHIPWAY
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Subscriber only AFL chief Gillon McLachlan and the billionaire family behind Reece Plumbing have emerged among the big names in the syndicate that splashed out $104m to buy the Territory s famous Wave Hill cattle station in the Victoria River District, 750km south of Darwin. Western Grazing which is one of Australia s largest beef producers, put Wave Hill and Cattle Creek Stations on the market in September. It owned and operated the properties for almost 30 years and directors said the sale was part of a strategic review of its cattle operations.