Tag: Market Prices
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Australian Wool Industry Crisis 1990-91
Wool has been an important product to the Australian economy since 1797. “In 1797, John Macarthur imported a small flock of merino sheep (3 rams and 5 ewes) from the Cape of Good Hope with the intention of producing fine fleeced sheep at ‘Elizabeth Farm’, his property in Parramatta.” (State Library of…