An updated summary of pastoral land sales across the Northern Territory

A summary of Northern Territory pastoral land sales over the last five years.

Both businesses have been operating in northern Australia for many years. The time is right to explore the clearly present synergistic opportunities.

With the livestock business being in a mature and steady state, the opportunity to develop land has driven demand and prices. To increase livestock carrying capacity by installing waters will cost about $500 per adult equivalent (AE).

Australian agribusiness is often described as a long-term and counter-cyclical investment. At the moment (July 2020), we have record or near-record high land and livestock prices, despite the global Covid-19 pandemic, which was preceded by the record droughts and fires of 2019

Cattle production has been the predominant agribusiness in Australia north of the Tropic of Capricorn (lat. 23.5°) for 150 years.