Northern Australia's cattle industry leaders are confident politicians are on their side in the wake of the federal government's decision to ban live sheep exports from mid-2028.
It may not generate the kind of wealth that comes out of mining, property, or selling a big business, but the attractiveness of agricultural investments for wealthy Sandgropers is plain to see.
Heytesbury's $8.5 million plan to revamp the Margaret River Hotel has been given the green light, despite councillors withdrawing support over a move to waive the public art contribution.
Private company Heytesbury has cleared its first hurdle in an $8.5 million plan to modernise and expand the heritage-listed Margaret River Hotel, receiving the backing of the local council.
Margaret River winery Vasse Felix is set to acquire the principal assets of Watershed Premium Wines, under a $20 million deal that allows Watershed's cellar door and restaurant to continue operating under a two-year lease agreement.
Profit at pastoral and winery business Heytesbury Holdings fell more than 57 per cent in the year to December 2016, to $11.7 million, on the back of lower revenue.
A Hong Kong-based company has joined the share register of live export business Wellard International just days after Holmes a Court family entity Heytesbury Holdings took a stake.