The effects of post-weaning nutrient restriction on growth, carcass characteristics and beef quality were determined. Belmont Red weaner steers (n = 100) were allocated to an initial slaughter group and 3 treatment groups of 120 days duration: rapid growth, slow growth and weight loss. The average daily gain of the groups were (mean ± s.e.): 0.81 ± 0.02, 0.29 ± 0.02 and –0.22 ± 0.01 kg/day, for the rapid growth, slow growth and weight loss groups, respectively. At the end of the treatment period, rapid growth steers had significantly (P<0.05) heavier carcasses, higher dressing percentages and greater bone mineral contents than those from the weight loss group. Steers from each group were realimented for 192 days at pasture. Average daily gains during this period were 0.39 ± 0.03, 0.52 ± 0.04 and 0.61 ± 0.05 kg/day for the rapid growth, slow growth and weight loss groups, respectively. Ten animals from the rapid growth group were then slaughtered to determine carcass characteristics. The remaining steers were finished at pasture for a further 409 days. During this period there was no significant difference in average daily gain between treatment groups. Steers from the rapid growth group had a significantly greater final weight (531 ± 16.8 kg) compared with weight loss steers (481 ± 14.0 kg). Carcass characteristics, eye muscle area, bone mineral content and objective measures of meat quality for the M. longissimus dorsi and M. semitendinosus did not differ significantly between groups. Shear peak force values for cooked M. longissimus dorsi samples were not significantly different between groups. Clipped meat quality scores for M. longissimus dorsi samples, as assessed by Meat Standards Australia, were not significantly different between treatment groups and indicated consumer acceptability. It was concluded that nutrient restriction in the immediate post-weaning period followed by pasture realimentation did not influence final carcass characteristics or beef quality.