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$40m cattle station resells for $26m after planned carbon project falls through

After a disappointing turn of events, Benmara Station, a prominent cattle property in Australia, was sold for A$26 million, significantly lower than its original price of A$40 million. This decline resulted from the cancellation of an ambitious environmental project related to carbon farming, emphasizing traditional pastoral values instead of its former carbon potential as regulatory challenges…

$40m cattle station resells for $26m after planned carbon project falls through

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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