Territory Stories

Budget 2013/14 Northern Territory Economy



Budget 2013/14 Northern Territory Economy

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Tabled paper 295


Tabled papers for 12th Assembly 2012 - 2016; Tabled papers; ParliamentNT




Tabled by David Tollner


Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.




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Department of the Treasury and Finance

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152 Agriculture, Forestry and Fishing 2013-14 Budget e: estimate Source: Department of Treasury and Finance; DPIF The bulk of the Territorys interstate cattle exports go to feedlots for conditioning before slaughter and sale on domestic and international markets. It is estimated that around 63percentof the Territorys interstate cattle exports go to Queensland, 20 percent to SouthAustralia, 6percent to New South Wales and 6percent to Western Australia, with the remainder sent to other states. A substantial number of cattle were sent to Queensland in 201213, mainly due to the decline in Indonesian exports and the dry wet season in the BarklyTablelands. However, rainfall received over late March and early April2013 is expected to slow the movement of cattle out of the Territory. Other livestock industries in the Territory include buffaloes, crocodiles, horses and camels. Crocodiles There are two species of crocodile found in the Territory, the saltwater crocodile (Crocodylusporosus) and the smaller freshwater crocodile (Crocodylus johnstoni). The main species farmed is the saltwater crocodile, primarily for its skin. Saltwater crocodile skins are considered to be of superior quality to that of other species because the belly has smaller scales that are highly flexible and durable, making them suitable for the production of leather goods. Premiumgrade skins and some secondgrade skins from the Territory are exported to France where they are used for highend market fashion accessories such as handbags, belts and shoes. Secondgrade skins are exported to Singapore and Indonesia where they are used to make similar products. The remaining products such as lowgrade skin, meat and teeth are sold in the domestic market to the retail and tourism sectors. There are six crocodile farms in the Territory, however, the mainstay of the industry is the harvest of crocodile eggs from the wild, regulated under a governmentadministered annual ranching program. The harvesting of eggs provides employment and commercial opportunities to landholders, in particular remote Indigenous communities. Restrictions in Western Australia and Queensland on the harvest of wild eggs for commercial use has created a secondary industry selling eggs collected in the Territory to farms interstate. 50 0 100 150 200 250 300 350 03 04 05 06 07 08 09 10 11 12 13e Number (000) Year ended June Indonesia Philippines Brunei West Malaysia Sabah Sarawak Vietnam Chart 12.3: Territory Live Cattle Exports by Destination Interstate Trade Other Livestock Industries

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