North Qld economy takes $500m hit with more than 250,000 dead cattle

 

KAP Leader and Federal Member for Kennedy Bob Katter has urged the Prime Minister in Parliament to commit to low-interest reconstructed debt through his Reconstruction Board Legislation to help farmers in North-West Qld who are facing the worst natural disaster to hit the cattle industry.

Up to 500,000 cattle have died and thousands of people are now without an income for years – all a consequence of the years of drought then devastating floods.

Mr Katter has been on the ground and seen first-hand the extent of damage; within a matter of weeks, most of the farmers’ entire livelihoods – many going back generations – have been wiped out. A whole economy and backbone of QLD agriculture has been devastated.

“The Mid-West and Gulf provides one tenth of the entire Australian cattle industry; beef is Australia’s fourth biggest exporter,” Mr Katter said.

“It is now decimated by droughts, flooding and the resulting terminal health conditions. With no stock, massive existing debt and hundreds of thousands of rotting carcases to clean up, farmers will have no capacity to pay their mortgage let alone restore and restock.

“I have asked the Government to commit to a Reconstruction Authority, cutting existing debt by 30%, providing finance at government interest rates

“Without this minimal action North Qld’s calamity, its misery, it’s human and economic hardship will worsen exponentially,” Mr Katter said.

The Prime Minister has said restoration of the Qld cattle industry isn’t about trying to prop up an industry that doesn’t have a future, it is an industry that has a massive future for Australia, and the Government needs to be there to support and re-build that cattle industry. He has assured Mr Katter there was a recovery and restoration plan and they would work to assure the cattle industry was going to be as great as it was going to be in the future – if not even greater and a plan will come forth from the Minister of agriculture to address these issues.

Mr Katter has been working tirelessly to help see the north west and Gulf through the greatest devastation known to the cattle industry.

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About Editor, cairnsnews

One of the few patriots left who understands the system and how it has been totally subverted under every citizen's nose. If we can help to turn it around we will, otherwise our children will have nothing. Our investigations show there is no 'government' of the people for the people of Australia. The removal of the Crown from Australian Parliaments, followed by the incorporation of Parliaments aided by the Australia Act 1987 has left us with corporate government with policies not laws, that apply only to members of political parties and the public service. There is no law, other than the Common Law. This fact will be borne out in the near future as numerous legal challenges in place now, come to a head soon.

Posted on February 13, 2019, in agriculture, bob katter, General, North Qld floods and tagged , . Bookmark the permalink. 3 Comments.

  1. I am totally disgusted with our Federal government, as well as Queensland state government.The NLP can find millions to GIVE TO Indonesia and other countries when disasters hit them, but do they GIVE millions to OUR farmers, when catastrophes like this hit them? We’ll see ,but I doubt it! Come on, Scott Morrison, do something which ALL Aussies will applaud…GIVE, WITH NO STRINGS ATTACHED!

  2. Our governments are not interested in helping Australians, it’s only interested in pulling it down to sell it off, watch and see what happens now, the Chinese and politicians will be swarming around these properties with the corporate police ready to throw the people off their land, it’s already happening, it’s a sad time in Australian history.

  3. What Bob needs to do is vote for the parliamentary sittings to be extended so it can look into the recommendations of the banking Royal Commission and he can also bring up low interest loans, if it’s left until Labors in power it will be to late for some farmers.

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