Wool is back? Maybe this time

Article Abstract:

Australia's wool industry may be making a comeback, given a decreasing stockpile and increased demand, higher prices, and the end of government regulation. The 4.5 million-bale stockpile has shrunk to less than 25% of its original size. Fine wool producers, accounting for about 25% of the industry, have seen prices at more than $10 a kilogram. According to Chris Puckridge, rising prices have set this recovery apart from those in 1993 and 1997. As of July 1, 1999, the government ended 28 years of involvement in the industry.

Sheep and goats, Regulation of Agricultural Marketing and Commodities, Wool, Sheep Farming, Agricultural Commodity Regulation, Statistical Data Included, Management, Livestock industry, Agricultural products, Agricultural law, Puckridge, Chris, Sherlock, Tony

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Sandstorm passes

Article Abstract:

The South Australian government's decision to discover minerals through data gathering and drilling programs is giving intriguing results. The government has introduced in it's policy the new 'Plan to Accelerate Exploration' in order to create drilling partnerships which include receiving $10 million of government money over a five-year period. Some of the results so far obtained are outlined.

Government expenditures, Government domestic functions, Discovery and exploration, Mineral deposits, Mines and mineral resources, Government finance, Natural resource policy

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The sheep are away as wool comes back into play: Australia's stockpile, a measure of producers' gloom through the 1990s, is now a valuable asset

Article Abstract:

Australian wool producers are beginning to see a rise in prices and dwindling supplies. There seems to be strong demand from around the world.

Economic aspects, Textile industry

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