Unofficial reports say that as of this week, Wrotham Park Station is under a sale contract to Terra Firma/Ken Warriner owned Consolidated Pastoral Company; 2 month settlement period.
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Wrotham Park Station under contract to CPC
August 15th, 2009Great Southern Plantations being investigated by the Stock Squad
August 13th, 2009Finally it has been made public that Queensland Stock Squad police are investigating the alleged disappearance of cattle owned by Great Southern investors (John Andersen’s story in today’s Townsville Bulletin). In particular, the Stock Squad are investigating the alleged vanishing of cattle from Great Southern-leased Crystalbrook cattle station – in relative terms, not far from […]
Burdekin Agricultural College set to close
August 12th, 2009There has been no official announcement however there’s no prizes for guessing that the Queensland Government is intent on shutting the Burdekin Rural Ag College (or as it is now known, the ‘Burdekin Campus of the Australian Agricultural College’). Word has it that the government will explain it away by saying it’s due to dwindling […]
AACo half year results 2009, released 11 August 2009
August 12th, 2009The AACo-s half year 2009 report, released yesterday, makes for interesting reading. It includes, ‘a provision for potential liability related to a sublease taken out by Great Southern Plantations.’ But no further details – exactly where, when, what and how much – have been publicised. An item listed under ‘Contingent Assets’ is also interesting: ‘On […]
About this blog
August 10th, 2009Fiona Lakes blog
Rupert Murdoch reminds us all that quality costs money to produce
August 7th, 2009It’s an old adage but one I’ve been reminded of a lot, recently. Rupert Murdoch (News Corp) has just announced that people will have to pay to view News Corp online stories in the near future, after testing it out with the Wall Street Journal. No doubt other media owners will do likewise, very soon, […]
El Questro & other Voyages Resorts sold by GPT
August 6th, 2009El Questro (East Kimberley region, WA) has been sold by General Property Trust (GPT) along with other Voyages Resorts. Buyer is Delaware North, a food & hospitality business based in Buffalo (USA). Apparently Delaware North has more than 50,000 employees, worldwide, and more than $2 billion sales annually.
Chopper crash on Wave Hill Station (NT)
August 6th, 2009A helicopter crashed on Wave Hill station yesterday, but it was not a typical, relatively low-powered R22 mustering helicopter involved in station work but a very expensive turbine chopper, specifically built to carry passengers – a Bell Longranger. Presumably it had the standard Longranger seating for 7 but the chopper only contained the pilot and […]
Wrotham Park and Moola Bulla taken off the market until 2010
July 30th, 2009According to the Melbourne Age Newspaper, receivers McGrathNicol have taken Wrotham Park and Moola Bulla off the market while they are mustered, and they will be offered for sale again early next year, after ‘the next big wet, due in November’. This article is a classic example of a journalist who has absolutely no understanding […]
Andrew Forrest buys back Minderoo, the cattle station he grew up on
July 30th, 2009Self-made mining magnate and entrepreneur Andrew Forrest grew up on Minderoo Station near Onslow in the Pilbara. Minderoo was in the Forrest family for 120 years but his father Don eventually sold it in disillusionment in 1998, after years of drought and mounting debt. Andrew has just bought back the 226,585 ha station with 10,000 […]