Ann: Victorian cattle property acquisition, page-21

Even if some cattle losses have been suffered in the far Northern Qld properties, they represent only a very small % of RFF's revenue (less than 5% I believe). Also, I expect the lessee will primarily bear the brunt of any losses although I understand that RFF does have some financial interest in some of the cattle on its properties through a financing arrangement. In any case, hopefully the impact on the lessee is minimal since any financial hardship suffered by the lessee is likely to impact on RFF to some degree,