COOLABUNIA SALEYARDS: Cattle sold to a good market at the prime and store sales this week. Photo Kate Darvall/ South Burnett Times
COOLABUNIA SALEYARDS: Cattle sold to a good market at the prime and store sales this week. Photo Kate Darvall/ South Burnett Times Kate Darvall

Murgon operator takes on Coolabunia yards

NATIONAL livestock company AAM Investment Group secured the tender to run the Coolabunia saleyards and dipping facilities in Wondai, Proston and East Nanango.

The South Burnett Regional Council voted to hand over control of the facilities at its January meeting.

Garry Edwards, AAM's chief executive officer, said there were no plans at this stage to change the sale schedule.

He will seek feedback from users about changing some operational processes and improving facilities.

"There's some safety improvements we need to do to enhance animal welfare outcomes and animal presentation,” he said.

AAM Investment Group owns salesyards across News South Wales, Victoria and Queensland and it currently owns the Murgon saleyards.

"We are the largest livestock transaction facilitator by a factor of 10, this something we have specialised in over the past 15 years. Last year, the facilities we operate turned over $1.5billion in livestock transactions,” Mr Edwards said.

In recent years, the company moved into smaller centres like Coolabunia.

"We are looking at expanding our investment in the Burnett and this is a reasonably easy addition to the businesses we operate,” he said.

Mayor Keith Campbell said there were assurances from AAM that the sale dates would not change.

"The criteria I was interested in was preservation of the sales in Coolabunia along with the growth and expansion of sale opportunities,” Cr Campbell said.

The council voted 5-1 to approve the group bid. Cr Kathy Duff voted against it.

Michael Nolan

South Burnett

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