Private protected areas in Australia

[1] States, territories and the commonwealth have enacted legislation to create and protect private lands "in perpetuity".

[8] Conservation Agreements are covenants on the property title, and may be either in-perpetuity or for a fixed-term, and in some cases attract management payments for the landholder.

(VCTA 1972),[12] which established the Trust for Nature, Victoria, which would acquire preserve and maintain areas within the State of "ecologically significan(ce) or of natural interest or beauty or scientific interest and to encourage and assist in the preservation of wild life and native plants."

A major role of the trust is the negotiation with private landholders of tracts of land deemed worthwhile to conserve, to create covenants over the land to protect areas "which the Trust considers to be ecologically significant, of natural interest or beauty, of historic interest or of importance in relation to the conservation of wildlife or native plants".

The TLC is a not-for-profit organisation that "raises funds from the public to protect irreplaceable sites and rare ecosystems by buying and managing private land in Tasmania."

Thus it owns and manages private reserves, works with landholders to identify and protect ecologically important areas via the creation of conservation agreements and covenants, and, again, like its Victorian counterpart has a revolving fund through its acquisition and sale of land whose conservation is important.