Dear Valued Interested Persons,
On a day in Melbourne 7 *C above average for October currently at 27 *C, for the 2nd day in a row, please find below in relation to Drought with an emphasis on the Murray-Darling Basin and Cattle on our East Coast – words in blue are hyperlinked:
75% of Australia’s cattle are on the East Coast
The basin, which drains around one-seventh of the Australian land mass, is one of most significant agricultural areas in Australia.
Melbourne university Drought study findings – May 2018 article here
‘Rainfall patterns across the Australian continent – new records show that parts of Northern Australia are wetter than ever before, and that major droughts of the late 20th and early 21st centuries in southern Australia are likely without precedent over the past 400 years’
‘Noting Australia is currently ranked 3rd in terms of Developed Countries , are we going to take responsibility for protecting our Cattle resources*?
The responsibility should not rest with the Government to cyclically, reactively hand out bail out packages.
Insurers require Government assistance to be able to provide responsible Pastoralists the option to insure their Livestock against Drought’
*Australia’s Red Meat and Livestock industry $20,000,000,000
*over 300,000 jobs in the Australian farming sector
Brett O’Brien – Managing Director OBA Consulting
Insurance Industry –
Thirsty Cattle swarm a water truck in NSW August 2018 – BBC article short video here
Developed Countries List 2019
A developed country is defined as a sovereign state that has a developed economy and technologically advanced infrastructure when compared to other nations.
Several factors that determine whether or not a country is developed, such as the Human Development Index, political stability, gross domestic product (GDP), industrialization and freedom.
The Human Development Index was developed by the United Nations to measure human development in a country. HDI is quantified by looking at a country’s human development such as education, health and life expectancy. HDI is set on a scale from 0 to 1 and most developed countries have a score above .8.
Developed countries have post-industrial economies with service sectors contributing more to the nation than the industrial sector.
Because there are so many factors to consider, actually defining what countries are developed can be a challenge.
The United Nations Development Report’s 2018 Statistical Update ranks each country in the world based on their HDI ranking.
The following is a list of the top countries on that list:
7. Hong Kong, China
NB: Kenya ranks lowly in terms of development yet provides its Pastoralists the option to insure Livestock for Drought if they chose.