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British-backed CPC buys anotherNT station for $47.4m

Consolidated Pastoral Company has bought Vermelha Station in the Northern Territory for $47.4 million, which includes a water licence for 2,956ML.

This story summarizes reporting from ABC News Australia. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on ABC News Australia →
Matt Brann3 Sept 2026, 01:56 amUpdated 2h ago1 min readAsiaAustralia
British-backed CPC buys another NT station for $47.4m

Australia — Matt Brann

Consolidated Pastoral Company has bought Vermelha Station in the Northern Territory for $47.4 million, which includes a water licence for 2,956ML.

This report is published with credit to ABC News Australia. The wire sent a summary; open the original for any extra context. Read on ABC News Australia →

Source: ABC News Australia · Matt Brann. Published 3 Sept 2026, 01:56 am.

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