Argentinian Family Buys Aroona Station for $44M
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Argentinian family expands cattle industry presence in Australia, purchasing Aroona Station for $44M. The Buratovich family, known for large-scale cropping operations, bought the station through Cross Pacific Investments. They already own several other stations in the area, including Scott Creek, Manbulloo, and Sturt Downs, which they acquired in 2019 for $43M. Aroona was previously owned by mining magnate Gina Rinehart and the DiGiorgio family, who sold it after keeping operations steady. The station is known for its reliable rainfall and varied terrain, making it a top breeder block. The Buratovich family plans to prioritize cropping over cattle on their Northern Territory properties.
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