In 2018, Hassad conducted a strategic repositioning of its Australian agriculture investment, securing an agreement that saw the transition of Hassad’s investments to Paraway Pastoral Company limited. Paraway is one of the largest property owners/operators in Australia, with a combined land holding of over 4.4 million hectares; it currently operates 27 pastoral enterprises across a number of diversified climatic zones and a range of country types. The company divides its operations into four regions: Northern (consisting of properties in Queensland), Central East (properties in New England), Central West (properties in Western NSW) and Southern (including Southern NSW and Victoria).

Collectively, the properties have the capacity to carry over 220,000 cattle and 250,000 sheep. Dryland and irrigated cropping exists in each of the regions for the production of hay, silage and grain crops for external sales & feeding livestock.