Wik Peoples v Queensland (“Pastoral Leases case”) [1996] HCA 40 | 23 December 1996

ON THIS DAY in 1996, the High Court of Australia delivered Wik Peoples v Queensland (“Pastoral Leases case”) [1996] HCA 40; (1996) 187 CLR 1; (1996) 141 ALR 129; (1996) 71 ALJR 173 (23 December 1996).

http://www.austlii.edu.au/au/cases/cth/HCA/1996/40.html

Rights and obligations under pastoral leases are conferred by statute and do not necessarily extinguish native title nor confer exclusive possession to the lessees.
It is possible that pastoral leases and native title might co-exist.
In the event of an inconsistency between the two, the rights under the pastoral lease prevail over the native title rights.