The Indigenous cattle company with a pioneering vision for economic prosperity

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The business move helping one Indigenous cattle company stand alongside Australia's billionaires.

Traditional Owners gathered on Myroodah Station to celebrate receiving their pastoral lease for the property.KAPCO chair, Wayne Bergman, and his team spent four years working with banks and agricultural advisors laying the groundwork for the deal.

"In traditional terms, a lot of farmers have stock mortgages but for an Aboriginal group to demonstrate that we had the skills and ability to service that loan was a first," Mr Bergman said. The station sits in a region dotted with poorly serviced remote communities, where high levels of unemployment contribute to juvenile crime and chronic suicide rates.The property is currently operating at half capacity but Mr Bergman said he expected the station to eventually employ more than 200 local Aboriginal people.

 

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Is this the same one who let all there cattle die because they couldn’t be bothered looking after them?

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