Apparently Consolidated Pastoral Company, the pastoral company (90% owned by Consolidated Press) built up by Kerry Packer since the initial purchase of Newcastle Waters station in 1983, is on the market for $425 million. James Packer and family wouldn’t sell the jewel in the crown, Ellerston, in a fit, however its not yet known which […]
Fiona Lake Blog
Consolidated Pastoral Company sale
December 31st, 2008Buying a Cattle Station
October 11th, 2007Almost all the largest cattle stations are owned by companies due to the high amounts of capital required to run them. The biggest have a dozen or more people living and working on them. That’s a lot of housing to provide and maintain and a lot of wages to pay, especially when seasonal conditions or […]