Cattle station prices are booming because of record beef prices and billionaires are hoping to cash in, with both Gina Rinehart and Brett Blundy offloading up to $1 billion worth of property, in a once in a generation change.
Cattle baron Callum MacLachlan sums up the reason why cattle station values have soared in the past five years in just two words.
Larry SchlesingerReporterLarry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
Ingrid Fuary-WagnerExplainer editorIngrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
