Indigenous Pastoral Stations look to merge as co-op

28 May 2014

Indigenous Pastoral Stations look to merge

Ten of Australia’s largest Aboriginal-run pastoral stations are preparing to join forces.

The ‘Aboriginal Pastoral Co-op’ will be backed by a Chinese consortium and aims to pool resources between stations to produce better cattle and train more young people.

The Chinese ASF Group could be putting up to $40 million into the Co-op, which already has five Kimberley cattle stations signed up.

Wayne Bergmann is the Chief Executive of KRED Enterprises, the Aboriginal Charitable Trust putting the co-op together.

“We want to get back to the early days where Aboriginal people were the backbone of the pastoral industry,” he said.

Read more and listen to an interview with Chief Executive Wayne Bergmann, ABC Rural, Indigenous pastoral stations look to merge, 26 May