Proposed new legislation introduced into the Northern Territory Parliament yesterday will enable pastoral lease holders to diversify their business enterprises, attract investment from third-party investors and simplify the process of calculating and predicting their annual pastoral rent bills.
Although the general perception for the NT pastoral market is that things may have peaked, there are still sales taking place that suggest strong confidence in the northern beef industry’s foreseeable future, says Herron Todd White’s Frank Peacocke.
It has been a long and evidently contentious journey, but the Northern Territory has now arrived at a clear position on how it will manage entry requirements for Johne’s Disease after July 1.
The Northern Territory’s decision to transition to a JBAS 6 minimum entry requirement from July 1 has been greeted as a “common sense” move by Queensland’s peak livestock representative group AgForce.
The Northern Territory will require a minimum“JBAS 6” for entry from July 1.
An iconic Northern Territory research facility is inviting past and present stakeholders to help it mark half a century of achievement.
A supply chain connecting grassfed cattle producers in Central Australia with millions of online customers in China is being developed, building on the long-term opportunities created by Australia’s recently-signed Free Trade Agreement with China.
Archipelago Beef Trust has announced another large purchase of cattle country in the Northern Territory, hot on the heels of news it had contracted to buy Riveren and Inverway last week.
Victoria River District cattle stations Riveren and Inverway are set to be sold a new Australian based investment fund called Archipelago Beef Trust.
Long-awaited high cattle prices are giving northern cattle producers a much-needed opportunity to pay down debt and re-invest in their enterprises.