General
Andrew Forrest secures iconic Kimberley cattle stations as $30 million sale wins final approval
After almost six months, the $30 million sale of two iconic Kimberley cattle stations to billionaires Andrew and Nicola Forrest has been finalised.
Key points:
- WA has approved the lands transfer of Jubilee Downs and Quanbun Downs to the Forrests
- Traditional owners’ attempts to block the transfers were rejected by Minister Ben Wyatt
- The Kimberley cattle stations will be a key part of Harvest Road Group’s integrated beef business
The news comes days after West Australian Lands Minister Ben Wyatt approved the land transfer of Jubilee Downs and Quanbun to the Forrest family company.
In July, the Forrests bid more than $30 million to secure the highly sort after pastoral leases, outbidding 14 interested parties, including a group of Yi-Martuwarra…
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