Australia is struggling to keep it’s lucrative agriculture industry booming. Some areas of Australia are dealing with the worst drought on record. Other areas are dealing with floods, and now Locust.
Parkes, Australia, dealing with drought.
Wangaratta, Australia, dealing with floods.
This is a major threat to Australia’s economy. Their economy is based mainly on service industry, but, it’s their agriculture industry that’s boosting their economy. Australia has profitable agriculture trade deals with other countries, that’s helping Australia see a 1.20% growth rate this year. It’s also helping to keep their unemployment rate around 5.10%.
Margaret River, Australia, using Locust nets.
The struggles against Mother Nature in Australia will add to the growing price of agriculture commodities, and the looming Food Crisis.