Building the foundations of a more resilient Northern Australian beef industry

148 East is an Australian agribusiness founded by four generational cattle families, developing the Iona Project, an integrated beef production and processing precinct in Central Queensland.

148 East is an Australian agribusiness founded by four generational cattle families, developing the Iona Project, an integrated beef production and processing precinct in Emerald, Central Queensland.

About Us

Owned and developed by four generational cattle families

The team leading the project, from paddock to processing

How the Iona Project began, and where it's headed

The Iona Project

Progressing through detailed design, approvals and staged delivery

A 35,000SCU feedlot and processing facility handling 900 head a day

Community

Keeping the Central Highlands informed as the project grows

How we're managing water, land, air and community

Local jobs, training and regional opportunity

Sustainability

A circular approach that designs waste out, and value back in

Recycled water, on-site energy and full use of every carcase

Be part of what we're building

With hundreds of roles ahead across planning, construction and operations, there are many ways to get involved. Talk to us about partnerships, supply and procurement, or register your interest in future employment, apprenticeship, graduate and procurement opportunities.
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Latest 148 East updates

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Milestones
6 May 2026

Iona Project enters formal development application process following prescribed project declaration

The Iona Project has entered the formal development application process, marking a major milestone as the project moves from planning and design towards construction and delivery.

Community
24 July 2025

What Iona means for Central, Western, and Northern Queensland

Beyond beef, the Iona Project is about regional jobs and economic diversification for a Central Highlands community that leans heavily on coal mining.

Project
21 July 2025

Technology-led design sets a new benchmark for beef processing

The Iona Project is being designed around automation, artificial intelligence and integrated sustainability systems to create a next-generation beef processing precinct.

Project
17 July 2025

Iona Project declared a prescribed project by the Queensland Government

The Queensland Government has declared the Iona beef processing project near Emerald a "prescribed project," fast-tracking approvals for a facility that could process up to 200,000 head of cattle a year.

Milestones
2 February 2023

Groundwater validation confirms a secure water supply for the Iona Project

Groundwater investigations confirmed a secure and sustainable water supply, providing a critical foundation for the long-term operation of the Iona Project.

Milestones
6 June 2022

Specialist design team appointed to shape the Iona Project

148 East appointed specialist advisors to begin the planning and design of the integrated Iona Project, translating the project's vision into a buildable development.

Milestones
2 February 2022

Site selection establishes the foundation for the Iona Project

148 East secured the Iona Downs site in February 2022 following a detailed assessment of location, infrastructure and long-term suitability for an integrated processing precinct.

Milestones
1 November 2021

148 East established by four Central Queensland cattle families

Four founding families formed 148 East to drive the abattoir investment, committing significant seed funding to get the project underway.

Milestones
1 November 2018

Community forum held to explore regional processing opportunity

A community forum hosted by the Central Highlands Regional Council brought local interest together, and a steering committee was formed to explore investment in a regional abattoir.