Topping the list of landholders in Queensland is Macquarie Agriculture, the nation’s second-largest investor in farmland and water assets.

Through its expansive Paraway Pastoral Company, which spans 3.96 million hectares, along with Australia’s largest cotton operation at Cubbie Station (90,000 hectares) and Cowal Agriculture near Emerald (5976 hectares), Macquarie controls a footprint exceeding four million hectares across the state.

Ranked second is the North Australian Pastoral Company, majority-owned by the Queensland Investment Corporation, which manages 3.7 million hectares. Its holdings include the 1.2 million-hectare Marion Downs and 692,000-hectare Glenormiston near Boulia.

Third is Hughes Pastoral, owned by beef industry leaders Peter and Jane Hughes. The company holds 3.4 million hectares, including the vast 1.6 million-hectare Lake Nash Station, which straddles the Queensland–Northern Territory border.

Other significant landholders in Queensland include McDonald Holdings, with 3.36 million hectares, and the ASX-listed Australian Agricultural Company, which controls 3.3 million hectares.

Appleton Pastoral, Gibson Grazing, and McMillan Pastoral Company each hold around two million hectares, while the Lee family’s Australian Country Choice controls 1.64 million hectares.

Arrabury Pastoral Company holds 1.3 million hectares, followed by Stanbroke Pastoral Company with 1.2 million hectares and Consolidated Pastoral Company with 1.06 million hectares.

These include Hong Kong-based CK Life Sciences; Farmland Reserve, the agricultural investment arm of The Church of Jesus Christ of Latter-day Saints; Canadian firm Fiera Comox; and MH Premium Farms, operated by Australian-born, UK-based businessman Lord Michael Hintze.

Other major players include Canadian giant PSP Investments, the ASX-listed Rural Funds Group, and US-based TIAA-CREF and Nuveen Natural Capital.

Meet the families and institutions going head-to-head to secure Queensland’s biggest and best stations and farms, in this, the most comprehensive list of farm ownership in the nation.

AAAW GROUP (AUSTRALIA AULONG AUNIU WANG) — CHINA

Founded in 2015 and headquartered in Sydney, AAAW Group is an independent division of Dashang Group – the largest retailer in northeast China.

Oak Park, Charleville QLD – 78,000 hectares

AAM INVESTMENT GROUP

Has about $1 billion invested in beef, lamb and wool, cropping, poultry and timber supply chains across 32 sites in four states and territories. Sold the 14,074-hectare Sunshine Aggregation near Forbes NSW to TIAA-CREF/Nuveen Natural Capital in 2024.

Mt Harden, Blackall QLD – 34,005 hectares- listed for sale earlier this year

Terrick Terrick, Blackall QLD – 55,000 hectares

Thornleigh and Moorlands, Blackall QLD – 35,000 hectares

Wooralah, Blackall QLD – 8992 hectares

ALDERLEY PASTORAL COMPANY

Run by Frank and Rada Blackett

Alderley Station, Boulia QLD — 526,091 hectares

AMINYA PASTORAL

A joint venture of TVF Pastoral, JHF and Son and Strathbogie Pastoral. Operates across eight aggregations spanning 153,000 hectares running 24,000 cattle, 10,000 sheep and cropping 4000 hectares of cereals, legumes and summer crops.

Albro, Laglan QLD – 26,471 hectares

Caledonia, Aramac QLD- 30,100 hectares

Evora, Blackall QLD – 24,362 hectares

Glenbar, Theodore QLD- 8529 hectares

Kioma, Toobeah QLD – 14,972 hectares

Minnie Downs, Tambo QLD – 22,177 hectares

Orana Park/Spottswood Park, Moura QLD – 10,802 hectares

Thalmera, Moura QLD – 8676 hectares

ANGUS PASTORAL COMPANY (SIGNATURE BEEF)

Operated by Blair and Josie Angus across 160,000 hectares running 35,000 cattle. Have built a $37 million meatworks on Sondella Station.

Carpentaria Downs Station, Einasleigh QLD – 120,000 hectares

Chesterfield Station, Clermont QLD

Kimberley Station, Clermont QLD

Sondella Feedlot, Clermont QLD

APPLETON CATTLE COMPANY

Family-owned beef cattle enterprises with significant land holdings throughout the Belyando River and Hughenden regions of central Queensland. Purchased the Durrie, Glengyle and Naryilco properties – totalling almost two million hectares – from S Kidman and Co (see separate listing) in 2023.

Bullwallah, Hughenden QLD

Durrie, Birdsville QLD – 660,000 hectares

Fairlight, Hughenden QLD

Glengyle, Birdsville QLD- 554,000 hectares

Islay Plains, Hughenden QLD

Naryilco, Tibooburra QLD – 751,000 hectares

Yarmina, Clermont QLD- 195,000 hectares

ARGYLE CAPITAL PARTNERS

Private investment management company founded by former Blue Sky boss Kim Morison. Aims to “mitigate risks by diversifying across regions, commodities, industry sectors, asset operators and supply chain integration.

Evergreen Farms, Emerald QLD – 3793 hectares

ARGYLE PASTORAL COMPANY QLD PTY LTD

Family owned and operated pastoral company with four properties around Julia Creek in Queensland.

Argyle Station, Julia Creek QLD

Dah Station, Julia Creek QLD

ARRABURY PASTORAL COMPANY

Family-owned business consists of three cattle stations in Queensland’s Channel Country and a mixed-farming and cattle finishing property on the Western Darling Downs. Operates across more than 1.3 million hectares.

Arrabury Station, Betoota QLD – 418,000 hectares

Binda, Condamine QLD

Cluny Station, Bedourie QLD – 546,000 hectares

Mt Leonard Station, Betoota QLD – 337,000 hectares

AUSTRALIAN AGRICULTURAL COMPANY (ASX-LISTED)

Established in 1824, and the oldest continuously operating company in Australia, AACo owns and operates Australia’s largest cattle herds with about 382,000 head spread across 6.5 million hectares of Queensland and the Northern Territory. Assets valued at $1.4 billion. Celebrates 200 years of existence in 2024.

Aronui Feedlot, Dalby QLD

Avon and Austral Downs, Camooweal QLD – 863,100 hectares

Canobie and Wondoola Stations, Cloncurry QLD- 492,100 hectares

Carrum Station, Julia Creek QLD- 50,613 hectares

Dalgonally Station, Julia Creek QLD – 128,000 hectares

Glentana Station, Springsure QLD

Goonoo Farm and Station, Emerald QLD

Headingly Station, Urandangie QLD – 1,003,200 hectares

South Galway Station, Channel Country QLD – 487,600 hectares

Wondoola Station, Normanton QLD – 252,500 hectares

Wylarah Station, Surat QLD – 40,468 hectares

AUSTRALIAN CATTLE AND BEEF HOLDINGS

A joint venture between the Lee family’s Australian Country Choice and the Acton Cattle Company. In 2015 Australian Country Choice purchased a 51 per cent share in the Acton family’s 100 year-old company. The Australian Cattle and Beef Holdings, took control of a number of Acton family properties.

Apis Creek Station, Marlborough QLD — 21,000 hectares

AUSTRALIAN COUNTRY CHOICE

Australia’s largest vertically integrated beef supply chain, 100 per cent Australian owned and operated by the Lee family. Operations include cattle breeding, backgrounding and lot feeding as well as processing, value adding and distribution. Manages close to 1.75 million hectares of pastoral, grazing and farming land which can carry up to 300,000 cattle.

Babbiloora Group, Augathella QLD – 237,325 hectares

Barkly Downs, Barkly QLD – 942,500 hectares

Brindley Park Feedlot, Darling Downs QLD – 120 hectares

Brindley Park Group, Darling Downs QLD – 19,316 hectares

Brisbane Valley Feedlot, Brisbane Valley QLD – 123 hectares

Dooloogarah, Injune QLD – 42,300 hectares

Dungowan, Dungowan QLD – 22,293 hectares

Gladys Downs, Augathella QLD – 20,060 hectares

Hay Roma, Roma QLD – 859 hectares

MB9+, Darling Downs QLD – 1335 hectares

Moray Downs, Clermont QLD – 117,000 hectares

Opal Creek, Cecil Plains QLD – 3016 hectares

Redford, Mungallala QLD – 48,400 hectares

Toarki and Rosewood, Roma QLD – 8120 hectares

Tungamah, Darling Downs QLD – 14,221 hectares

Wellclose Group, Adavale QLD – 159,832 hectares

BALDY BAY PASTORAL (STERLING BUNTINE)

Kimberley-based pastoralist with significant holdings in northern Australia. Was part of a consortium of buyers who launched a last-minute bid for the S Kidman and Co assets in 2016.

Comely and Mapala Stations, Bauhinia QLD – 23,000 hectares

Mimong Station, Kyuna QLD – 79,970 hectares

BASS LAND AND CATTLE

Operated by David and Suzanne Bassingthwaite and family, large-scale Santa Gertrudis breeders in central Queensland.

Muldoon Station, Augathella QLD

BC WATER PTY LTD

Harcourt, Moura, QLD — 1587 hectares

BRETT CATTLE COMPANY

Large-scale Northern Territory beef producers operating across more than 350,000 hectares in the Victoria River District. Purchased Valera Vale in 2025.

Valera Vale, Augathella QLD — 9858 hectares

BRIGODOON CATTLE COMPANY

Operated by Bill and Gretchen Speed with significant holdings of more than 720,000 hectares in western Queensland and the Northern Territory.

Brigodoon, Wandoan QLD

Linda Downs Station, Boulia QLD – 202,343 hectares

Mount Marlow Station, Blackall QLD – 73,100 hectares

Retreat Station, Jundah QLD – 142,600 hectares

BROOK PASTORAL COMPANY

Owns more than three million hectares of certified organic grazing land in Central Australia’s Channel Country. Supplies natural beef brand OBE Organic.

Adria Downs, Birdsville QLD – 780,000 hectares

Gilling Station, Birdsville QLD

Kamaran Downs, Bedourie QLD

BUNDERRA CATTLE COMPANY

Certified organic beef business owned and operated by the Pickersgill family across more than one million hectares. Paid about $30 million for Neutral Junction Station in the Northern Territory in 2022.

Aldinga Park, Rolleston QLD – 35,390 hectares

Bandana, Rewan QLD – 17,443 hectares

Brooklee, Rolleston QLD – 4342 hectares

Crescent, Rolleston QLD – 3101 hectares

Deepdale, Rolleston QLD – 41,820 hectares

Maryvale, Alpha QLD – 11,772 hectares

Mt Inglis, Rolleston QLD – 13,840 hectares

Mt Ogg, Rolleston QLD – 9043 hectares

Peawaddy, Rolleston QLD – 12,552 hectares

Rockland Spring, Comet, QLD — 10,210 hectares

Shauna Hills, Bauhinia QLD – 6014 hectares

Washpool, Humbolt QLD – 9378 hectares

CAMM AGRICULTURAL GROUP

Founded in 1972 by David and Judith Camm, operates across the beef cattle production supply chain of breeding, backgrounding and feeding. Operation is spread over 450,000-plus hectares of owned and leased country.

Marracoonda, Clermont QLD

Melrose, Kingaroy QLD

Morocco, Surat QLD

Natal Downs, Longton and Narellan (leased), Charters Towers QLD – 390,600 hectares

Nungaroo, Clermont QLD

Picardy, Moranbah QLD

Wonga Plains, Dalby QLD

CHRIS SKELTON

Large-scale grazier from Roma in western Queensland. Operations span more than 280,000 hectares.

Eildon Park, Winton QLD – 249,800 hectares

Kintilloch and Sunnybrea, Roma QLD – 7200 hectares

Strilling and Isoroy, Tambo QLD – 18,200 hectares

Wanganui, St George QLD – 12,500 hectares

CK LIFE SCIENCES (HONG KONG)

The family of Hong Kong billionaire Li Ka-Shing owns a large stake in parent company CK Hutchinson Holdings. Operations are spread across Victoria, South Australia, NSW, Queensland, Western Australia and the Northern Territory. Australian ag assets estimated at more than $2 billion.

Abbotsleigh Citrus, Bundaberg QLD – 190 hectares

Boongargil Cotton, Border Rivers QLD – 3400 hectares

Diamond Pack Farm, Mutchilba QLD – 35 hectares

Home Farm (mango and avocado), Mutchilba QLD – 36 hectares

Horseshoe Lagoon Farms (mango), Horseshoe Lagoon QLD – 180 hectares

Laudham Park Farm (mango), Pinnacles QLD – 21 hectares

Mountain View Farm (mango and avocado), Mutchilba QLD – 26 hectares

CLEVELAND AGRICULTURE

Malcolm Harris has stamped his business on the Australian pastoral mapping, amassing about 2.5 million hectares of farming and pastoral land worth upwards of $1.2 billion. Sold the 450,000-hectare Benmara Station at Elliott NT in 2023 to Wealthcheck.

Nockatunga Station, Thargomindah QLD – 852,000 hectares

CONSOLIDATED PASTORAL COMPANY

Founded in 1879, one of Australia’s largest pastoral players operating across 3.2 million hectares with assets valued at more than $1 billion. Major shareholder is UK-based private equity guru Guy Hands.

Allawah, Biloela QLD – 3069 hectares

Bunda, QLD – 178,800 hectares

Hillcrest, Middlemount QLD — 9548 hectares

Isis Downs, Isisford QLD – 246,057 hectares

Jimarndy Aggregation, May Downs QLD – 17,600 hectares

Langley Station, Middlemount QLD – 4882 hectares

Wrotham Park, Cairns QLD – 596,880 hectares

CURR CATTLE COMPANY

Large-scale Queensland Wagyu producers with interests around Julia Creek as well as in the Gulf of Carpentaria region. Operate the Avondale Wagyu brand.

Avondale Station, Pittsworth QLD

Arizona, Julia Creek QLD – 69,000 hectares

Claraville Station, Croydon QLD – 217,000 hectares

Taldora Station, Julia Creek QLD

Yelvertoft Station, Mt Isa QLD – 120,000 hectares

DUDDY MANAGEMENT PTY LTD

Dooruna, Clermont, QLD — 12,800 hectares

ESCOTT CATTLE COMPANY

Run by Sam Daniels and family – one of the biggest private cattle producers in northern Queensland with significant pastoral holdings.

Escott Station, Burketown QLD

Nardoo Station, Cloncurry QLD – 97,500 hectares

Toolebuc Station, Burketown QLD

FARMLAND RESERVE INC (UNITED STATES)

In the span of several months, Farmland Reserve – an investment arm of The Church of Jesus Christ of Latter-day Saints – acquired three major cropping portfolios across eastern Australia.

Operating via its Australian subsidiary, Alkira Farms Inc, the Utah-based religious group (also known as the Mormon church) purchased 38,599 hectares of Australian cropping farmland across the acquisitions.

Delina Downs, Bungunyah, QLD

Mirreyah, Talwood, QLD

Riverside, Talwood, QLD

Tandawanna, Talwood, QLD

Willarie, Talwood, QLD

Wolonga, Talwood, QLD

Yarramildi, Talwood, QLD

FIERA COMOX (CANADA)

Global agricultural fund with a growing footprint in Australia, the US and New Zealand. Paid more than $100 million for Cherylton Farms in Western Australia in 2023. Has about $1.1 billion worth of assets in Australia.

Kia Ora and Clyde, Dirrinbandi QLD – 36,422 hectares (Eastern Australia Agriculture)

FINASUCRE GROUP

Brussels-based sugar producer, controlled by the Lippens family, with significant sugar cane and horticultural interests in Australia.

Bundaberg Sugar Aggregation, Bundaberg QLD – 8000 hectares

Winfield Rd macadamia aggregation, Bundaberg QLD – 1018 hectares

FOLIUM CAPITAL (UNITED STATES)

Has investments in forest and agriculture assets across four continents. Portfolio in receivership and assets on the market

Little Jalisco Avocado Orchard, QLD – 300 hectares

GALEA FAMILY

Central Queensland cropping farmers, the Galea family, acquired Codenwarra West, a 3403ha mixed cropping property northeast of Emerald.

Added to the various agricultural interests throughout Central Queensland where they grow grain and irrigated cotton.

Codenwarra West, Emerald, QLD — 3443 hectares

GIBSON GRAZING

Operated by Mick Gibson and family across a reported two million hectares of cattle country in Queensland.

Brookdale Aggregation, St George QLD – 12,095 hectares

Binda, Bollon QLD

Bulloo Downs Station, Thargomindah QLD – 1,070,000 hectares

Dynover Downs Station, Cunnamulla QLD – 162,050 hectares

Olinda Park Feedlot, Dalby QLD – 4000 hectares

Sandringham Station, Boulia QLD – 450,000 hectares

GIDYEA BRANGUS

Gidyea Brangus is owned and operated by Adrian and Megan Forrest and their three sons, Will, Jake and Charlie near Augathella.

Their business comprises four separate parcels of land in southwestern Queensland.

Bellona and Southbell, Augathella QLD

Oakleigh, Morven QLD

Noella Station, Charleville QLD — 30,757 hectares

GODWIN GRAZING COMPANY

Red Range and Laurel Downs, Taroom, QLD — 5,452 hectares

Deearne, Taroom, QLD — 7,120 hectares

Silverleigh, Banana, QLD

Tanderra Station, Springsure, QLD

Welcome, Springsure, QLD

GRIMWADE AND GORDON

A partnership between rich lister Michael Gordon and Victorians George and Will Grimwade. Operates across vast areas of Queensland and NSW.

Barrygowan Aggregation, Cunnamulla QLD – 40,468 hectares

Noorama Station, Cunnamulla QLD – 105,000 hectares

Terrica Aggregation, Stanthorpe QLD – 15,990 hectares

GUNN AGRI PARTNERS

Has more than one million hectares worth $750 million-plus under management, running 65,000 cattle, and growing 25,000 hectares of crops, 15,000 avocado trees, 1000,000 macadamia trees and 75,000 Queen Garnet trees. Purchased the 5437-hectare Burmah Station at Graman NSW from Paraway Pastoral Company (see separate listing) in 2023 for $50 million-plus.

Abingdon Downs, Georgetown QLD – 484,000 hectares

Ballaroo, Roma QLD – 11,463 hectares

Ekari Park, Roma QLD – 13,239 hectares

Esmeralda Station, Richmond QLD – 406,000 hectares

Fairview, Roma QLD – 11,393 hectares

Goodar Station, Goondiwindi QLD – 18,400 hectares

Katandra and Illalong, Hughenden QLD – 51,620 hectares

HANCOCK AGRICULTURE (GINA RINEHART)

Owned by billionaire Gina Rinehart, once Australia’s biggest landholder through Hancock Agriculture and the S Kidman and Co joint venture (see separate listing).

Forestvale, Roma QLD – 2082 hectares

Holyrood, Roma QLD – 4844 hectares

Maffra South, Roma QLD – 14,567 hectares

Maydan Feedlot, Warwick QLD – 451 hectares

Moolan Downs Station, Western Downs, QLD — 10,029 hectares

South Burnett Aggregation, South Burnett QLD – 3682 hectares

Warra Warra, Dalby QLD – 3069 hectares

HARVEY BLACK

Toowoomba-based businessman who purchased Mt Enniskillen Station at Blackall in Queensland from Clark and Tait.

Mt Enniskillen Station, Blackall QLD – 135,200 hectares

HUGHES PASTORAL GROUP/GEORGINA PASTORAL COMPANY

Peter and Jane Hughes run the mammoth Hughes and Georgina pastoral companies across 3.9 million hectares of Queensland, NSW and the Northern Territory. Paid Gina Rinehart $100 million for Riveren and Inverway stations in the Northern Territory in 2022, a year after shelling out $215 million for Miranda Downs Station at Normanton in Queensland.

Caldervale, Carwell and Mt Lindsay, Tambo QLD – 160,000 hectares

Cardowan, Doreen and Main Camp, Nebo QLD – 133,000 hectares

Cawnpore Station, Boulia QLD – 121,400 hectares

Keeroongooloo and Yeppera, Cooper Creek QLD – 700,000 hectares

Lake Nash, Georgina and Argadargada, Barkly Tablelands QLD – 1,600,000 hectares

Miranda Downs Station, QLD – 438,000 hectares

Sirram, Main Ridge and Joe Lodges, Nebo QLD

Tierawoomba, Mt Scott, Atinla and Snake Creek, Nebo QLD – 140,000 hectares

Tumbar and Marsden, Jericho QLD – 80,000 hectares

Waitara, New Yard, Mt Whyte and Urani, Nebo QLD

INGLEBY FARMS (UNITED KINGDOM)

Backed by the wealthy Swedish Rausing family. Own and manage 43 farms and forests across nine countries and four continents, spanning 100,000 hectares. The Australian business comprises 22,050 hectares running beef and dairy cattle and sheep, as well as growing row crops.

Farm Vella macadamias, QLD

JOHN AND ROBYN ROGER

Brackenburgh Aggregation, Middleton, QLD — 182,481 hectares

Hatchem Downs, Taroom, QLD

KAHMOO PASTORAL COMPANY

Kahmoo Station, Cunnamulla, QLD — 32,375 hectares

KANE CATTLE COMPANY

Run by North Queensland cattle producers David and Gina Kane.

Sedgeford, Alpha QLD — 48,370 hectares

KEATS FAMILY PASTORAL

Family-owned and operated beef company located in northwest Queensland.

Belford Station, Richmond QLD – 48,562 hectares

Gleeson and White Hills, Cloncurry QLD – 75,676 hectares

Kiama, Mackay QLD – 324 hectares

Pialah, Richmond QLD

LAGUNA BAY

Established in 2010 and one of Australia’s longstanding ag fund managers. Provide investment partners with exposure to three key themes: rising food demand, decarbonisation and inflation.

Allied Beef, NSW/QLD

Carpendale Agri, Goondiwindi QLD

Manus (2525ha)

Bendidee (2576ha)

Carpendale (3338ha)

Mayfair (1186ha)

Plus leasehold land of 5627ha

LORD CATTLE/LORD & PENNA GRAZING

Family-based beef business operating for more than 40 years. Runs a herd of 12,000 Brahman-composite cattle across western Queensland.

Bayrick, Tambo QLD – 14,574 hectares

Nottingham Downs and Wick, Hughenden QLD

Woolthorpe, Aramac QLD – 45,730 hectares

LORD PASTORAL

Founded by Ardie and Kacie Lord in 1984 and now run by their son Nikko and his wife Jade. Runs Brahman-cross cattle and is involved in hay production.

Camroo Downs, Tambo QLD

Cawnpore Station, Boulia QLD — 97,400 hectares

Kialla, Sutherland and Runnymede stations, Richmond QLD

Woodstock, East Creek and New Water stations, Richmond QLD

MACLEAN FAMILY

Merluna Station, Cape York, QLD — 168,350 hectares

MACQUARIE AGRICULTURE

Australia’s second-biggest investor in agriculture with more than $4 billion worth of assets across sheep, cattle, mixed farming, cropping and horticulture. Includes foreign capital. In July it told investors it would sell its mighty Paraway Pastoral Company, bringing to an end a 17-year ownership that began in 2007. Industry sources estimate the business could fetch upwards of $2.5 billion — and as much as $3 billion.

Paraway Pastoral Company

Runs more than 220,000 cattle and 250,000 sheep across 25 stations covering almost 4.5 million hectares. Sold the 14,400-hectare Borambil Station at Condobolin NSW in 2024 for $60 million. Sold the 5437-hectare Burmah Aggregation at Graman NSW in 2023 for $50 million-plus.

Armraynald Station, Burketown QLD – 214,090 hectares

Clonagh Station, Cloncurry QLD – 120,000 hectares

Davenport Downs, Winton QLD – 1,510,000 hectares

Gregory Downs, Mt Isa QLD – 266,425 hectares

Kalmeta, Julia Creek QLD – 87,000 hectares

Malvern Hills Station, Blackall QLD – 50,070 hectares

Moira Runda, Glenmorgan QLD – 12,510 hectares

Rocklands, Camooweal QLD – 677,964 hectares

Tanbar Station, Windorah QLD – 1,021,904 hectares

Cowal Agriculture 

Cowal Agriculture Aggregation (eight farms), Emerald QLD – 5976 hectares

Cubbie Station

Acquired the remaining 51 per cent stake in Australia’s biggest cotton farm, and associated ginning facilities, in 2022.

Cubbie Station, Dirrinbandi QLD – 90,000 hectares

MANULIFE (CANADA)

Formerly Hancock Agricultural Investment Group. Owns about $1.2 billion in farming assets in NSW, South Australia and Queensland.

Gemfields, Emerald QLD – 779 hectares

McDONALD HOLDINGS (MDH PTY LTD)

Family owned and operated since 1827, McDonald Holdings now operates 14 properties spanning 3.36 million hectares and running 150,000 cattle.

Brightlands Station, Cloncurry QLD

Chatsworth Station, Cloncurry QLD

Clearwater, St George QLD – 1215 hectares

Devoncourt Station, Cloncurry QLD

Dunbar Station, Normanton QLD

Iffley Station, Normanton QLD

Kierawonga and Leitrim, Rockhampton QLD

Mt Windsor Station, Charters Towers QLD

Nangram, Toowoomba QLD

Rutland Plains, Normanton QLD

Stradbroke Station, Cloncurry QLD

Verdun Valley Station, Boulia QLD

Wallumba Feedlot, Toowoomba QLD

MCINTYRE AG

Roma Feedlot and Spelling Yards, Roma, QLD — 2445 hectares

MCINTYRE CATTLE COMPANY

Mt Booraman, Moura, QLD

Roma feedlot, Roma QLD — 2445 hectares

Yantumara, Bauhinia, QLD — 5211 hectares

McMILLAN PASTORAL COMPANY

The McMillan clan of Cloncurry has amassed a two million – hectare portfolio that includes seven stations in Queensland and one in the Northern Territory. It paid about $53 million for the 705,000-hectare Wollogorang and Wentworth stations in Queensland in 2020.

Carsland Station, Quamby QLD

Corella Park Station, Cloncurry QLD

Inorunie Station, Cloncurry QLD

Jessievale Station, Cloncurry QLD

May Downs, Mt Isa QLD – 233,000 hectares. Purchased in May through auction from Lord Cattle for $47.5m

Mt Roseby Station, Cloncurry QLD

Roxborough Downs and Mudgerebar Station, Boulia QLD – 423,494 hectares

Wollogorang and Wentworth Station, Burketown QLD – 705,198 hectares

MH PREMIUM FARMS

Established in 2007 by Australian-born UK businessman Lord Michael Hintze, operates 16 properties across 60,000 hectares in Queensland, NSW and Victoria. Sold the 7690-hectare Warrane property at Armidale NSW in 2023 for $35 million-plus.

Boolarwell, Talwood QLD – 7706 hectares

Delta, Ayr QLD – 500 hectares

Haughton, Giru QLD – 772 hectares

South Callandoon, Goondiwindi QLD – 12,168 hectares

MILLS FAMILY

Hythe, Charleville, QLD — 4,171 hectares

Mangalore, Charleville, QLD — 7,221 hectares

Blenheim and West Blenheim, Glenmorgan, QLD — 9,000 hectares

Myendetta, Charleville, QLD — 16,261 hectares

MORELLA AGRICULTURE

Large-scale livestock and cropping business run by the Boggabilla-based Coulton family. Purchased the 10,842-hectare Welltown Station at Toobeah in 2024 for about $80 million.

Kalanga Aggregation, Goondiwindi QLD – 12,840 hectares

Nappa Merrie Station, Thargomindah QLD – 720,000 hectares

Neilo, Toobeah QLD

Tandawanna North, Bungunya QLD

Welltown, Toobeah QLD

MSF SUGAR (THAILAND)

Marborough Aggregation, Maryborough, QLD — 5,500 hectares

Far North Aggregation, QLD — 8,000 hectares

Mary Harbour, Maryborough, QLD

MUIRHEAD PASTORAL COMPANY

Weetalaba Station, Collinsville, QLD

MULGOWIE FARMING COMPANY

Mulgowie Aggregation, Mulgowie, QLD — 280 hectares

Bowen Aggregation, Bowen, QLD — 3100 hectares

Home Hill Aggregation, Home Hill, QLD — 1200 hectares

NO. 27 PASTORAL COMPANY

Founded by the Propsting Family with cattle properties covering 105,450 hectares across northwest Queensland running Brahman-Droughtmaster females.

Acton, Richmond QLD

Cabanda, Julia Creek QLD

Kalda, Richmond QLD

Villadale, Richmond QLD

NOBBS FAMILY

Yandina and Nulgra Downs, Orion, QLD — 8,490 hectares

Wingara, Moura, QLD

NOORAMA GRAZING

Noorama Station, Cunnamulla, QLD — 105,000 hectares

NORTH AUSTRALIAN PASTORAL COMPANY

One of Australia’s oldest and largest cattle companies, backed by the Queensland Investment Corporation and covering more than six million hectares.

Boomara, Cloncurry QLD – 108,000 hectares

Coolullah, Cloncurry QLD – 214,000 hectares

Coorabulka, Boulia QLD – 637,000 hectares

Cungelella, Springsure QLD – 21,870 hectares

Glenormiston, Boulia QLD – 692,000 hectares

Goldsborough, Roma QLD – 11,600 hectares

Kynuna, Julia Creek QLD – 140,563 hectares

Mantuan Downs, Springsure QLD – 135,000 hectares

Marion Downs, Boulia QLD – 1,287,000 hectares

Monkira, Boulia QLD – 373,000 hectares

Portland Downs, Isisford QLD – 99,957 hectares

Wainui Feedlot and Farm, Bowenville QLD – 5000 hectares

NORTH STAR PASTORAL COMPANY

Founded with the purchase of Venture Downs in 2004, North Star now has operations spread across the Northern Territory and Queensland, supplying export cattle to Asia. Sold the Maryfield and Limbunya stations in 2022 to Wealthcheck.

Venture and Kui Downs, Gordonstone QLD – 3440 hectares

OAK HILL PARTNERSHIP

Wathopa, Thargomindah, QLD — 35,076 hectares

OLIVE VALE PASTORAL

Family owned and operated business with significant beef farming assets in north Queensland. Fairview, Laura QLD

Koolburra, Laura QLD – 160,000 hectares

Olive Vale Station, Cooktown QLD – 136,000 hectares

ORIENTAL AGRICULTURE (CHINA)

Owned by a group of Chinese agricultural investors. Listed Undabri and Yambocully for sale in 2023 with expectations of $100 million.

Undabri, Goondiwindi QLD – 10,444 hectares

Yambocully, Goondiwindi QLD – 3475 hectares

PASTORAL PARTNERS AUSTRALIA (MORRISON & CO, NEW ZEALAND)

A carbon-farming and grazing fund owned by New Zealand infrastructure investor Morrison & Co. The NZ investor has over $27 billion of assets under management including investments in airports and renewable energy.

Honeymah and Wongalee Aggregation, Bollon QLD — 32,000 hectares

Weonia and Sunset Valley, Bollon QLD — 25,650 hectares

8570 Balonne Highway, Bollon QLD — 14,000 hectares

Burwah, St George QLD — 9943 hectares

PJ HARRIS AND SONS

Operated by Peter and Jane Harris, Moree NSW-based PJ Harris and Sons ranks among Australia’s biggest privately owned cotton operations. Operates the Collymongle and Clyde cotton ginning facilities. In December 2022 paid the Menegazzo family a whopping $380 million for the 1.1 million-hectare Gulf Coast Agricultural Company in far North Queensland.

Dorunda Station, Gulf of Carpentaria QLD – 110,010 hectares

Inkerman Station, Gulf of Carpentaria QLD – 280,000 hectares

Stirling Lotus Vale Station, Gulf of Carpentaria QLD – 125,000 hectares

Van Rook Station, Gulf of Carpentaria QLD – 590,500 hectares

PALGROVE HOLDINGS PTY LTD (NEW ZEALAND)

Beef operation founded by David and Prue Bondfield. Comprises the Palgrove Charolais, Charbray and Ultrablack studs. Now owned by the New Zealand Superannuation Fund.

Glen Wilga, Chinchilla QLD

Killaloo, Drillham QLD – 2025 hectares

PANIRI AGRICULTURAL COMPANY (CORPORATE CARBON)

Natural asset manager dedicated to delivering 100 per cent sustainable agricultural production. Part of the Corporate Carbon Group with 1.3 million hectares under management.

Holroyd Aggregation, Coen QLD – 242,000 hectares

Quilpie Aggregation, Charleville QLD – 166,000 hectares

Watson River Station, Weipa QLD – 89,000 hectares

PEMBROKE RESOURCES

Iffley, Deveril and Twenty Mile, Moranbah, QLD — 41,500 hectares

PROTERRA INVESTMENT PARTNERS (UNITED STATES)

US private equity firm focused on natural resource investing. In December 2021 sold the Corinella Group of properties in Victoria and South Australia for $370 million and in November 2022 offloaded the 4448-hectare Vaucluse Estate Aggregation for more than $100 million.

Racecourse, Mackay QLD – 14,425 hectares

Umbercolie, Goondiwindi, QLD — 7934 hectares

Jandowae, QLD — 9966 hectares

PSP INVESTMENTS (CANADA)

Pension fund for the Canadian public service, including the world-famous Royal Canadian Mounted Police, is the biggest investor in Australian agriculture. Has about $7.5 billion in farmland and water assets across multiple states through various joint ventures.

Ellerslie Free Range Farms, (60 per cent stake), Millmerran, QLD

Altora Ag

Crops more than 160,000 arable hectares of land across 65 properties in Queensland, NSW and South Australia. Purchased he 8432-hectare Timberscombe Aggregation at West Wyalong in NSW in April 2024 from Duxton Farms (see separate listing) for about $70 million.

Kinbeachie Farms/Morville/Birribindibil/Coomonga, Toobeah QLD – 9192 hectares

Fresh Country Farms of Australia

Portfolio includes investments in hi-tech glasshouses and permanent crops including almonds, avocados, citrus, berries, mangoes, wine grapes and table grapes.

Emerald orchard and vineyards, Emerald QLD – 155 hectares

Goodwood and Promiseland orchard, Bundaberg QLD – 780 hectares

Hewitt Cattle Australia

Operates huge pastoral interests across NSW, Queensland and the Northern Territory. Portfolio includes several former Webster Limited properties.

Alpha Station, Alpha QLD – 21,000 hectares

Coolreagh, Julia Creek QLD – 25,000 hectares

Oakleigh, Maryborough QLD – 19,200 hectares

Oakwood, Augathella QLD – 28,300 hectares

Pegunny Aggregation, Moura QLD – 26,100 hectares

Pony Hills Aggregation, Roma QLD – 58,700 hectares

Yorkshire, Julia Creek QLD – 25,000 hectares

Simpson Farms

One of Australia’s largest avocado growers started by Ron and Fay Simpson in 1969. Owns and manages more than 850 hectares of farming operations, including 770 hectares of avocados and 80 hectares of mangoes.

Avocado Orchards, Childers QLD – 840 hectares

Stahmann Webster

Grows walnuts, pecans, macadamias and almonds across large swathes of NSW and Queensland. Born out of PSP’s takeover of Webster Limited.

Bundaberg Macadamia Aggregation, Bundaberg QLD – 2051 hectares

QUEENSLAND INVESTMENT CORPORATION

Queensland Investment Corporation (QIC), the majority owner of the North Australian Pastoral Company (NAPCo), purchased the 8300ha Stuart Creek station, located 50km northwest of Roma in 2023. QIC’s acquisition of Stuart Creek is via its newly established natural capital platform. It is the second purchase through the natural capital platform following a deal for a 600ha irrigated sugar cane property south of the Mackay region in 2022.

Stuart Creek, Roma QLD — 8300 hectares

Mackay sugar cane farm, Mackay QLD — 600 hectares

REA PASTORAL

A family-run Wagyu cattle operation located about 180km southwest of Mackay.

Aberfoyle Station, Townsville, QLD

The Overflow, Marlborough, QLD

REDROCK TRADING COMPANY

Croydon Station, Marlborough, QLD — 59,669 hectares

RMI PTY LTD (CARRINGTON COTTON GROUP)

The Carrington Cotton Group is a privately owned family agribusiness with farming operations in northern NSW and southern Queensland. Farming ventures include cotton, wheat, barley, faba beans and chickpeas as well as fodder crops. Also owns and operates its own cotton gin and warehousing facilities.

Kildonan, Goondiwindi QLD

Lagoona, Goondiwindi QLD

Murragoran, Goondiwindi QLD

Oonavale, Goondiwindi QLD

ROB MCGAVIN

Barcaldine Downs Station, Barcaldine, QLD — 46,375 hectares

RURAL FUNDS GROUP (ASX-LISTED)

Owns a diversified portfolio of agricultural assets in cattle, almonds, macadamias, cropping and vineyards. Has about $1.9 billion worth of assets under management. Purchased the 14,000-hectare Wyseby property at Rolleston in Queensland in June 2023.

Baamba Plains, Rolleston QLD – 4130 hectares (valued December 2023: $43.8 million), Rural Funds Group/The Rohatyn Group (50-50 partnership)

Bauple (macadamia), Maryborough QLD – 135 hectares (valued December 2023: $19.4 million)

Beef City Feedlot, Toowoomba QLD – 760 hectares (valued December 2023: $15.8 million)

Beerwah (macadamia), Beerwah QLD – 340 hectares (valued December 2023: $37.7 million)

Bonmac (macadamia), Bundaberg QLD – 27 hectares (valued December 2023: $4.6 million)

Cerebus, Rockhampton QLD – 8280 hectares (valued December 2023: $24.9 million)

Comanche, Rockhampton QLD – 7600 hectares (valued December 2023: $35.1 million)

Coolibah, Rockhampton QLD – 724 hectares (valued December 2023: $5.7 million)

Cygnet (macadamia), Bundaberg QLD – 37 hectares (valued December 2023: $3.9 million)

Homehill, Rockhampton QLD – 4925 hectares (valued December 2023: $20.2 million)

Kaiuroo Aggregation, Rockhampton QLD – 27,879 hectares (valued December 2023: $73.5 million)

Lynora Downs, Rolleston QLD – 4963 hectares (valued December 2023: $45.5 million)

Maryborough cropping aggregation, Maryborough QLD – 2460 hectares (valued December 2023: $39 million)

Maryborough macadamia aggregation (10 properties), Wide Bay QLD – 1503 hectares (valued December 2023: $106.5 million)

Mayneland, Rolleston QLD – 2942 hectares (valued December 2023: $29.8 million)

Moore Park (macadamia), Bundaberg QLD – 104 hectares (valued December 2023: $17.9 million)

Mungindi Feedlot, Mungindi QLD – 409 hectares (valued December 2023: $2.5 million)

Mutton Hole, Carpentaria QLD – 140,300 hectares (valued December 2023: $19 million)

Natal Aggregation, Charters Towers QLD – 390,600 hectares (valued December 2023: $184 million)

Nursery Farm (macadamia), Bundaberg QLD – 41 hectares (valued December 2023: $5.3 million)

Oakland Park, Croydon QLD – 85,500 hectares (valued December 2023: $10 million)

Rewan, Rolleston QLD – 17,479 hectares (valued December 2023: $72.5 million)

Riverton (macadamia), Rockhampton QLD – 426 hectares (valued December 2023: $40.1 million)

Rookwood Farms (macadamia), Rockhampton QLD – 1036 hectares (valued December 2023: $44.4 million)

Swan Ridge (macadamia), Bundaberg QLD – 130 hectares (valued December 2023: $23.6 million)

Swan Ridge South (macadamia), Bundaberg QLD – 123 hectares (valued December 2023: $2 million)

Thirsty Creek, Rockhampton QLD – 503 hectares (valued December 2023: $3.9 million)

Yarra, Rockhampton QLD – 4090 hectares (valued December 2023: $27.5 million)

S KIDMAN AND CO (AUSTRALIA-CHINA)

Founded in 1899 by Sir Sidney Kidman, S Kidman and Co is now operated by an Australian-Chinese consortium headed by billionaire mining magnate Gina Rinehart. Has significantly reduced its footprint to just two million hectares in recent years.

Morney Plains, Windorah QLD – 623,000 hectares

Rockybank, Roma QLD – 14,600 hectares

SCOTT CATTLE COMPANY

Operated by George Scott, who previously managed Georgina Pastoral Company’s Lake Nash Station.

Thylungera Station, Quilpie QLD – 282,000 hectares

SCOTT HARRIS (HARRIS OPERATIONS PTY LTD)

Queensland beef producer with a significant footprint in the Gulf of Carpentaria region.

Kingvale, Cape York QLD

Strathmore, Croydon QLD – 931,000 hectares

SIMMONS CATTLE COMPANY

Bungobine, Mt Coolon, QLD — 36,900 hectares

Whyno, tMt Coolon, QLD — 45,600 hectares

Avon Downs, Clermont, QLD

Gattonvale Holding, Collinsville, QLD — 31,474 hectares

SLM PARTNERS

Real assets manager investing in regenerative agriculture and forestry. At its peak had more than 450,000 hectares of land under management. Has investments in Queensland and NSW.

Amenda, Cunnamulla QLD – 48,000 hectares

Garrawin, Cunnamulla QLD – 79,000 hectares

Padua Park, Cunnamulla QLD – 43,000 hectares

STANBROKE

Owned by the Menegazzo family, runs 200,000 cattle on seven stations totalling 1.2 million hectares in Queensland’s Gulf Country as well as backgrounding operations in the south of the state.

Augustus, Cloncurry QLD

Chinchilla feedlot and backgrounding, Chinchilla QLD

Dalby backgrounding, Dalby QLD

Donors Hill, Cloncurry QLD

Fort Constantine, Cloncurry QLD

Glenore, Normanton QLD

Kamilaroi, Cloncurry QLD

McAllister, Normanton QLD

Wandoan backgrounding, Wandoan QLD

Warren Vale, Normanton QLD

SUNDOWN PASTORAL COMPANY

Privately owned Australian agricultural and pastoral enterprise known for their innovative farming techniques, sustainable production methods and environmental stewardship.

Mirrimavale Plantation, Gladstone QLD – 759 hectares

St Ronans, Mt Garnet QLD – 43,706 hectares

SWISS AUSTRALIA FARM HOLDING (SWITZERLAND)

Runs purebred Angus and Brahman cattle and Merino sheep across operations in South Australia’s South East, Queensland and NSW Western Division. Purchased the 143,000-hectare Neumayer Valley Station in Queensland in 2016.

Elrose, Cloncurry QLD – 30,000 hectares

Neumayer Valley Station, Normanton QLD – 143,000 hectares

TAJ INVESTMENTS

Duck Ponds, Dalby, QLD — 1690 hectares

TIAA–CREF AND NUVEEN NATURAL CAPITAL (UNITED STATES)

New York-based teacher superannuation company with about $2.2 billion worth of prime cropping country in Queensland, NSW, Victoria and Western Australia. Worldwide, operates more than 590 properties with assets valued at $US12.4 billion. In 2023 added the 522-hectare Heathcote Vineyard Aggregation at Corop in Victoria at the 420-hectare Cookoothama property near Darlington Point in NSW. In 2024 added the 14,070-hectare Sunshine Aggregation at Forbes NSW, which it purchased from AAM Investment group (see separate listing).

Brandon Farms, Ayr QLD – 440 hectares

Brookstead Farm, Condamine Plains QLD – 703 hectares

Gardner Farms, Cecil Plains QLD – 3985 hectares

Glenwood, Dalby QLD – 785 hectares

Herbert Valley Sugar, Ingham QLD – 1707 hectares

Lindley Downs, Springsure QLD – 3935 hectares

Macintyre Downs, Toobeah QLD – 6315 hectares

ME Farms, Bundaberg QLD – 343 hectares

Warra, Jandowae QLD – 3851 hectares

Woodlands, Condamine QLD – 3055 hectares

Yattlewondi, Mungindi QLD – 3052 hectares

TWIN HILLS CATTLE COMPANY

Fairfield Station, Bauhinia QLD — 10,522 hectares

Ellis Camp, Bauhinia QLD — 2299 hectares

USHER PASTORAL COMPANY

Owned by Brisbane-based Phil Usher with significant beef holdings totalling more than one million hectares across Queensland.

Kyee Station, Eromanga QLD – 164,255 hectares

Mount Margaret and Berellem, Eromanga QLD – 470,504 hectares

Orient and Norley, Channel Country QLD

VELLA FAMILY

Faust Family Farms, Proserpine, QLD — 3,134 hectares

Bald Hills Station, Maryborough, QLD

WARAKIRRI ASSET MANAGEMENT

Established in 1993 and 100 per cent owned by its directors and employers. Has significant farming interests in the cropping an horticultural space.

Warakirri Cropping

Has the production capacity of about 400,000 tonnes of grain annually. Operates across 11 aggregations in NSW, Queensland, Victoria and Western Australia totalling about 155,000 hectares.

Myobie, Dalby QLD – 8951 hectares

WENTWORTH CATTLE CO

Bluevale, Nebo, QLD - 3251 hectares

Strathalbyn, Collinsville, QLD

Rugby Run, Moranbah QLD — 11,331 hectares

Wentworth Station, Clermont, QLD - 40,500 hectares

WESTERN GRAZING

Starting as a family run dairy business on the Gold Coast, the Oxenford family’s Western Grazing operation has evolved into a beef behemoth. It comprises six properties in Queensland covering more than 800,000 hectares. Previously owned the famous Wave Hill Station in the Northern Territory’s Victoria River District.

Allendale Station, Augathella QLD – 21,000 hectares

Camel Creek Station, Greenvale QLD – 26,100 hectares

Eurella Station, Muckadilla QLD – 22,000 hectares

Magowra Station, Normanton QLD – 294,000 hectares

Morstone Downs Station, Camooweal QLD – 176,000 hectares

Oban Station, Mt Isa QLD – 261,000 hectares

WRIGHT PASTORAL

Brookvale, Warwick QLD