The live cattle trade between northern Australia and Indonesia has been an amazingly successful international trade phenomenon for most of the last 30 years.
The resilience of the business model has been demonstrated on two separate occasions when the trade suddenly halted.
The first was the Asian financial collapse in 1997/98, followed by the Australian government’s closure of the trade on welfare grounds in 2011.
In both cases the trade recovered quickly as a result
of the rock-solid commercial logic driven by all the critical elements of the business case listed below:
- Domestic…