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The Australian Wool Crisis: Farm Adjustment Pressures and Strategies
Authors:GORDON WAITT  WILLIAM DEANE
Institution:Geography Honours graduate, University of Sydney;Lecturer in Geography, University of Wollongong, New South Wales.
Abstract:Farm adjustment has resulted from the present crisis of production within the Australian agricultural sector. Farm adjustment pressures of the wool growers of the Southern Tablelands of New South Wales are outlined. The primary management strategies adopted by the wool producers are identified. Three farm adjustment strategies were noted; extensification, diversification and expansion. Choice of farm strategy was dependent on the characteristics of both the individual farm and farmer.
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