Fortune Agribusiness
| Fortune Agribusiness (FortuneAgri) | |
| Industry | Agriculture |
Key people | Peter Wood, Chairman |
Fortune Agribusiness is an agriculture business headquarterd in Melbourne, Australia.
Singleton Horticulture Project[edit]
It purchased Singleton Station, a 294,900 hectare pastoral lease, located 400 kilometres north of Alice Springs, near the community of Ali Curung, in 2015.[1] In addition to the pastoral operation, Fortune Agribusiness is proposing to create a large-scale fruit farm that it estimates to provide an economic benefit worth about $100 million a year, along with 110 permanent and 1,350 seasonal jobs, although those number have been disputed.[2]
It was granted a free 30-year licence to extract up to 40,000 megalitres of groundwater a year from aquifers under the station by the Northern Territory Government in 2019, the largest ever grant of its kind. This approval involved changed to NT water legislation.[3] The project has facing community opposition including from Traditional Owners, resulting in legal action.[4][5]
References[edit]
- ^ Government, Northern Territory (2023-02-28). "Singleton Horticulture Project". depws.nt.gov.au. Retrieved 2023-12-16.
- ^ "Traditional owners' court challenge against NT Government over Singleton Station water licence to be heard this week". NT Independent. 5 September 2022. Retrieved 16 December 2023.
- ^ "'This stinks': Emails reveal covert plan to allow the NT's largest ever groundwater extraction licence". ABC News. 2021-11-10. Retrieved 2023-12-16.
- ^ Allam, Lorena (2022-07-12). "NT decision to grant biggest ever water licence labelled 'extraordinary' giveaway". The Guardian. ISSN 0261-3077. Retrieved 2023-12-16.
- ^ Wahlquist, Calla (2022-02-16). "Traditional owners launch legal challenge against NT's largest groundwater extraction licence". The Guardian. ISSN 0261-3077. Retrieved 2023-12-16.
External links[edit]
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