QNCF Stuarts Creek.
QNCF Stuarts Creek Operations PTY LTD as trustee for QNCF Stuarts Creek Operations Trust
Environmental Account.
Environmental Account ID: AU00088
Account Holder: QNCF Stuarts Creek Operations PTY LTD as trustee for QNCF Stuarts Creek Operations Trust
Location: Maronoa region, Queensland, Australia
Purpose: Assess environmental condition to assist management, guide restoration, and demonstrate environmental co-benefits
Current land use: Cattle agistment
Scale: Property
Total property area: 8,257 ha
Environmental Account area: 8,257 ha (100% of property area)
Environmental Asset Accounts.
Asset Account ID: AU00088V1
Status: Certified - AfN Verified
Baseline Certification date: 02 March 2026
Asset Account area: 1,423 ha (17.2% of property area)
Assets: Vegetation - Native
Method: AfN-METHOD-V-01
Asset Account ID: AU00088S1
Status: Certified - AfN Verified
Baseline Certification date: 02 March 2026
Asset Account area: 7,463 ha (90.3% of property area)
Assets: Soil
Method: AfN-METHOD-S-01
Asset Account ID: AU00088F1
Status: Certified - AfN Verified
Baseline Certification date: 02 March 2026
Asset Account area: 492.1 ha (6% of property area)
Assets: Fauna - Woodland Birds
Method: AfN-METHOD-F-02
Asset Account ID: AU00088F2
Status: Certified - AfN Verified
Baseline Certification date: 02 March 2026
Asset Account area: 1,423 ha (17.2% of property area)
Assets: Fauna - Koala Population and Habitat
Method: AfN-METHOD-F-04
Certification Passport.
About the Environmental Account.
Stuarts Creek is situated in the highly fragmented Brigalow Belt South Bioregion within the Southern Downs IBRA sub-region, an area with only a third of its original remnant vegetation remaining and less than 5% protected in the conservation estate. Because most intact vegetation now occurs on private land, conservation and habitat restoration on properties such as Stuarts Creek play a critical regional role.
The property was historically used for both cattle and sheep grazing and is now managed for cattle agistment. Much of the original grassy and shrubby eucalypt woodland has been cleared, with remaining native vegetation restricted to small patches and narrow riparian corridors. Five Regional Ecosystems have been ground-truthed across the site, dominated by poplar box, river red gum, belah and white cypress, with shrub layers generally sparse except in areas supporting currant bush and canthium thickets. The landscape is intersected by intermittently flowing waterways, Sleepy Creek and Frosty Creek, which drain north into Stewart Creek and Bungeworgorai Creek.
Vegetation within the Woodland Bird Asset Account includes patches of a potential threatened ecological community and supports a range of woodland-dependent fauna. Poplar box grassy woodland occurs in remnant and regrowth states across the property; while some areas meet canopy-level diagnostic criteria for the listed community, the ground layer is currently too modified to qualify fully.
Topographically, Stuarts Creek comprises flat to gently undulating country. The northern area contains sandy alluvial soils and evidence of erosion along drainage lines, while the southern area transitions to finer-textured soils derived from siltstone and mudstone. These soil and landscape patterns strongly influence vegetation structure and habitat condition across the Asset Account.
Annual certification compliance & material disclosures.
No current disclosures relating to this account.
Account location.
About the Account Holder.
QNCF Stuarts Creek Operations PTY LTD as trustee for QNCF Stuarts Creek Operations Trust is the Account Holder for the QNCF Stuarts Creek Environmental Account, which sits within the Queensland Natural Capital Fund. The fund is facilitated by QIC and aims to promote environmental outcomes of carbon sequestration, biodiversity conservation and reef water quality, alongside sustainable agriculture returns. QIC is an Australian institutional investment manager partnering with global pension and superannuation funds, insurers, and sovereign wealth funds to build resilient portfolios across infrastructure, real estate, private equity, private debt and liquid markets. QIC was constituted under the Queensland Investment Corporation Act 1991 (QLD) and our sovereign ownership provides the stability and governance that underpin long term conviction and alignment with clients. At the heart of what we do is our purpose: to create shared value by responsibly investing for the prosperity of clients, people, and communities.
Last update: 02 March 2026

