A pastoral lease is Crown land that government allows to be leased, generally for the purposes of farming.
In the Australian states, leases constitute a land apportionment system created in the mid-19th century to facilitate the orderly division and sale of land to European colonists. Leases within state jurisdictions have variations as to applicability from state to state.
- the exclusive right of pasturage
- a perpetual right of renewal of the lease for terms of 33 years
- no right to the soil, and
- no right to acquire the fee simple of any of the land.
Pastoral leases are undergoing a voluntary tenure review process.