Webster snatches up 'Kooba'

By Emma Downey and Peter Austin
Updated September 23 2015 - 3:38pm, first published December 4 2014 - 4:00am
Kooba Station homestead
Kooba Station homestead

ONE of Australia's oldest continually operating businesses, Webster Limited, has edged out a number of overseas interests to buy the 40,000-hectare prime Riverina cropping aggregation, "Kooba", for $116 million from Ag Reserves Australia Ltd - a company owned by the Utah-based Church of Latter-day Saints, commonly known as Mormons.

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