OpportunityWhat really piqued our interest in this property was the riparian health and water catchment during what was a significant drought event. Project Nurinda provided the opportunity to contribute non-pastoral services and benefits to the ecosystem; namely fundamental water supply and flow regulation, erosion control and pollination. Our key development target was to increase the predominant native black spear grasslands to an improved blend delivering over 3,500kg/dm/ha.

OutcomeThrough our ability to cordon the riparian and introduce key native plants and grasses, we have been able to materially change water regulation and thus enhance the biodiversity within this ecosystem. Our key focus was on perennial pasture improvement due to the linkages back to soil carbon inputs. Perennial pastures have greater carbon inputs than annual pasture species and as such relates greater to our goal of moving the dial in our benchmark assessment matrix for soil health.

Ongoing PartnershipOur capital investment flows through to increase production capability, which then circulates through to our ability to increase the internal rate of return for our partners. We are set to outperform our initial IRR target by a clear margin.