Prospects for Australian emerging industries
Emerging industries play an important role in the Australian agricultural landscape, contributing to the national economy and helping meet changing global demand. This prospectus is...
Published: 28 Feb 2014
Author(s): Rural Services Pty Ltd, McClelland
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Traditional Owners through Aboriginal corporations have title to significant areas of pastoral land in northern Australia. Although the corporations represent their local communities, they cannot employ everyone from these communities on their pastoral properties.
Land ownership of pastoral properties, in addition to its cultural significance, may best be viewed as an investment by Aboriginal corporations which can provide a return to management and opportunity for capital growth. Even this may be limited because of the size, stage of development and livestock carrying capacity of some properties.