The saying used to be that Australia's economy "rode on the sheep's back." That was back in the 1950s, a time of massive demand for wool to make Korean War uniforms. The wool industry has shrunk dramatically since the 1991 collapse of a Government scheme meant to stabilise prices. But, thanks to China, prices hit record highs again in 2017...
The saying used to be that Australia's economy "rode on the sheep's back." That was back in the 1950s, a time of massive demand for wool to make Korean War uniforms. The wool industry has shrunk dramatically since the 1991 collapse of a Government scheme meant to stabilise prices. But, thanks to China, prices hit record highs again in 2017...
