Territory Rural McPherson begin in September 2008 by the founder Jock McPherson in a joint venture with the Ruralco Group. Jock felt that there was a need for a third Livestock, Real Estate and Merchandise business to give the station owners and the general public of Alice Springs another option in Central Australia. Territory Rural McPherson officially opened when the late Ted Fogarty senior cut the ribbon in October 2008. On the 1st of October 2010 Kevin Prior joined The Territory Rural McPherson team. While Jock McPherson ran the Livestock and Real Estate side of the business Kevin Prior ran the merchandise.

Today the Business is run by David Eagleson and Alec Rainnie. David Eagleson handles the livestock, while Alec Rainnie looks after the merchandise and Jock McPherson handles the Real Estate. Together we look forward to servicing the central Australian community with whatever needs they may require.