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…
Continue Reading
-
Noosa News19 hours agoSunshine Coast shines in tourism awards
-
General19 hours agoNational tax regulator shuts down Coolah firm and bans director after large-scale theft
-
General19 hours agoSwitzerland wins US tariff reduction to 15 per cent
-
Noosa News19 hours agoAfter tireless advocacy and a dark history, Australia has a treaty with its First Peoples