Stanbroke Pastoral Company was a company once owned by
AMP Limited
AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products (through AMP Banking) including home loans and savings accounts. Its headquarters is in Sy ...
that was once one of the largest land owners in
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
.
Established in about 1964, by 2003 the company owned 27
cattle station
In Australia and New Zealand, a cattle station is a large farm ( station is equivalent to the American ranch), the main activity of which is the rearing of cattle. The owner of a cattle station is called a '' grazier''. The largest cattle stati ...
s in
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
and the
Northern Territory
The Northern Territory (commonly abbreviated as NT; formally the Northern Territory of Australia) is an states and territories of Australia, Australian territory in the central and central northern regions of Australia. The Northern Territory ...
controlling some of pastoral country.
Properties owned by Stanbroke included;
Augustus Downs,
Davenport Downs and
Tanbar Stations and in Queensland and
Banka Banka, Brunchilly,
Lake Nash
Alpurrurulam, from the original Aboriginal name ''Ilperrelhelame'', also known as Lake Nash, is a locality in the Northern Territory of Australia located in the territory's east about south-east of the territory capital of Darwin and about ea ...
and
Helen Springs Station
Helen Springs Station more commonly known as Helen Springs is a pastoral lease that operates as a cattle station.
It is located about south of Elliott and east of Kalkaringi in the Northern Territory of Australia. The property shares a boun ...
in the Northern Territory.
The company was purchased in 2004 by the Nebo Group who paid 417.5 million plus taking on outstanding debts. The sale was by far the largest rural transaction in Australia's history and included a herd of approximately 5000,000 cattle.
The Nebo group were a consortium made up of the founder of
Hungry Jack's
Hungry Jack's Pty Ltd. is an Australian fast food franchise of the Burger King Corporation. It is a wholly-owned subsidiary of Competitive Foods Australia, a privately held company owned by Jack Cowin. Hungry Jack's owns and operates or sub-l ...
, Jack Cowin, the nation's largest potato grower,
Peter Menegazzo and five prominent pastoral families led by the Fredericks family.
[
The syndicate fell apart later the same year leaving Menegazzo in charge of the entire business. Menegazzo bought out his fellow investors for an estimated 340 million. On 2 December 2005, Menegazzo and his wife Angela were killed in a light plane crash in outback New South Wales leaving their four children Brendan, Mark, Deborah and David in charge of the business.]
References
Defunct pastoral companies of Australia
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