Dubbo's council wants to lease or sell its livestock market which is operating at a $1.7 million deficit.
The saleyard is council owned and run, and injects about $80 million per year into the local economy. He said the potential to privatise would ensure the saleyard's deficit was not taking away from other revenue streams. Merino stud owners John and Amanda Kater typically do their shopping in the local district when he comes to the saleyards."I do banking, accounting, I purchase motorbikes there," he said."If I am going to another livestock market … I will actually do as much business as possible in that particular shire.""Privately-owned saleyards charge a lot more for their usage than the council-run ones," Mr Martel said.
According to the Australian Livestock Markets Association there is a trend for council saleyards to become privately owned.
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Source: 7NewsSydney - 🏆 16. / 63 Read more »