Harvest Road Group

Andrew and Nicola Forrest’s agricultural investment company, Harvest Road Group, has reported a big surge in annual profit to $7 million after a restructure combined the family’s expansive pastoral stations with their Harvey Beef business.

Andrew Forrest’s agricultural investment vehicle Harvest Road Group has taken a major step towards building Western Australia’s biggest cattle feeding facility, with plans recently lodged for approval by planning authorities.

Private companies and not-for-profit businesses play a prominent role in the West Australian economy, with annual revenue at the top 20 exceeding $32 billion, according to data compiled by Business News.

Andrew Forrest is increasing the scope of his agricultural investment vehicle, Harvest Road Group, reaching an agreement to acquire Albany oyster farm Ocean Foods International.

SPECIAL REPORT: Institutional investor interest is continuing to grow in WA’s agricultural sector, unaffected by the global uncertainty of the novel coronavirus crisis.

Andrew and Nicola Forrest have rebranded their private company as Tattarang, with the change of name coming soon after several board and executive changes.

Andrew and Nicola Forrest-backed Tattarang will pay $30 million to acquire two major pastoral stations in the Kimberley, increasing its already extensive Harvest Road investments.

As the chief investment officer at Andrew Forrest’s private company, 34-year-old John Hartman oversees a very large, extraordinarily diverse and fast-growing portfolio.

Andrew Forrest’s Harvest Road has appointed former Mrs Mac’s pies boss Paul Slaughter to lead the agribusiness group as it plans for expansion.

Leeuwin Coast has invested in new technologies in its quest to become a large and sustainable player in the Australian shellfish industry.

The state government has awarded $10.2 million worth of grants to 18 agribusinesses, including Tattarang’s Harvest Road Oceans.

Andrew Forrest’s agribusiness interests shook off the pandemic, with revenue at Harvest Road up 22 per cent to be $418 million.

Border closures have made it hard for WA agribusinesses to find workers.

Andrew Forrest says he will hold out on approving JBS Group’s proposed takeover of Huon Aquaculture until JBS brings its animal welfare and sustainability commitments up to standard.

The man behind operations at Minderoo Foundation and Tattarang shares with Business News what it’s like to lead transformation in the Forrest family’s business empire.

Andrew Forrest’s agricultural investments vehicle will acquire New Norcia Farm as part of a $40 million move designed to underpin the expansion of its cattle and beef supply chain.

New data details the expansion of Andrew and Nicola Forrest’s private company, Tattarang. Click through to see our latest ranking and analysis of Western Australia's largest private companies.

Investments in long-term projects, the COVID-19 pandemic and high cattle prices have impacted Harvest Road Group’s bottom line, with the organisation recording a $5.9 million loss.

Andrew and Nicola Forrest will add the East Pilbara Balfour Downs pastoral station to their growing suite of WA investments through their agribusiness, Harvest Road Group.

Harvest Road Group will take a leading role in the cattle industry reaching carbon neutrality by 2030, its chief executive Paul Slaughter says.

Andrew and Nicola Forrest's Harvest Road Group has entered an agreement to purchase the 604,430 ha Springvale Station in the East Kimberley region.

The state government has been criticised for continuing to approve a large number of section 18 applications under the Aboriginal Heritage Act – the same mechanism that led to the Juukan Gorge controversy.

Plans for a $35 million cooperative to take ownership of the Kimberley’s sole abattoir have not progressed, with Yeeda Pastoral Company instead retaining full ownership.

Business News values the assets of WA’s richest people, and explores how they’ve used that wealth in 2022.

Climate technology company Rumin8 has raised $US12 million in a funding round led by the Bill Gates-founded Breakthrough Energy Ventures and supported by Andrew and Nicola Forrest.

The Environmental Protection Authority has found Mineral Resources' plan to build a 125-kilometre road adjacent to Andrew Forrest’s Minderoo Station is unlikely to have any ‘material’ impact on nearby pastoral operations.

Fortescue Future Industries’ finance chief Felicity Gooding has resigned after more than 10 years climbing the ranks of the Forrest business empire.

The chief executive of Andrew and Nicola Forrest's agribusiness branch Harvest Road has resigned after just shy of three years in the role.

Oysters at a Forrest-backed farm near Carnarvon have been rendered unsellable due to a natural parasite taking hold at the site.

In the 2010s the state government backed three North West oyster trials. One failed, one is facing uncertainty, and one is on the cusp of success.

Harvest Road Group, the agricultural arm of Andrew and Nicola Forrest’s business empire, reported a $38.6 million loss after tax in the past financial year as revenues fell by more than $120 million.

Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.

Andrew Forrest expects his push to decarbonise Fortescue’s iron ore mines to rub off on the agriculture industry

The man who runs Andrew and Nicola Forrest’s private business empire has exited the board of their peak company but the group insists it is business as usual.

The Forrest’s cattle herd is swelling but the agricultural arm of the family empire remains loss-making despite managing to cut sales costs in the past year.

Andrew and Nicola Forrest’s private company has revealed new details on the growth of its multiple subsidiaries including RM Williams, Squadron Energy, Akubra and Harvest Road Group.

Tattarang’s chief executive has opened up on wins and losses at Andrew and Nicola Forrest’s private company and outlined plans for continued rapid growth.

Business News has compiled a list of the state's largest pastoral leaseholders. It is a mix of rich-listers, cattle barons, family operations, miners, and indigenous enterprises.