Community and Lifestyle

NT Govt waives rent payments for crippled cattle industry

Beef Central, 08/08/2011

The Northern Territory Government says it will not collect pastoral rent payments from cattle producers struggling with the ongoing financial turmoil created by the ban on live exports to Indonesia.

In a press release issued tonight chief minister Paul Henderson said pastoral rent payments for properties with a turnover of up to $10 million would be frozen to ease pressure on Territorians affected by the ban.

The freeze applies to pastoral properties that rely on the live export market.

“I am determined to stand up and support families affected by the uncertainty over the live export trade,” Mr Henderson said.

“I have written to Prime Minister Gillard seeking further financial assistance – similar to that put in place for producers affected by cyclone Yasi – and the appointment of a high level Task Force to work with all stakeholders – to oversee the implementation of the supply chain accreditation.

“I am also in the process of writing to Federal Agriculture Minister Joe Ludwig calling for the immediate establishment of a high level project management task group to oversee the live export trade being fully re-established.

“The suspension of the trade has been a crisis for northern Australian pastoralists and their families, Territory businesses – both directly and indirectly – and regional communities.

“My Government will continue to stand up for and support our cattle industry,” Mr Henderson said.

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