Diversification from pastoral farming
In the North, economic activity on pastoral land is mainly marginal, with returns on investment as low as 1%. a year ago (McLean et al.). The bulk of rural businesses have limited capacity owing to usually poor soils and pastures; (b) seasonal availability of water; (c) insufficient infrastructure; and (d) remote and unpredictable markets are all contributing factors to the low profits (McLean et al., 2014; Russell-Smith et al., 2015). Only 20% of northern savannahs fulfill these agricultural development criteria (Northern Australia Land and Water Taskforce, 2009). Implement strategies that (a) direct funding and resources to pastoral land with high productive potential and, in other regions, address significant rehabilitation issues associated with riparian zones and ecologically significant water bodies; and (b) diversify and expand the road network, all with the long-term goal of prosperity in mind.
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