Issue 2002 November 16
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AGRICULTURE: Sugar collapse will hit Queensland economy
North Queensland could lose 10-12 per cent of its economy and 15,000 jobs if the industry is allowed to collapse with deregulation in the face of subsidised competition, according to a report by Cummings Economics, for the Advance Cairns development group.The Cummings report examined the position of the sugar industry and the consequences for Far North Queensland if the industry collapsed and quickly…
