Australia drought
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9 Terms
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Historical context
Severe droughts occur in Australia once every 18 years
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2017-2019 drought affected
New South Wales and southern queensland
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National GDP
Pushed real GDP 0.7% below base in 2018-29 and 2019-2020
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Farm GDP
Declined by nearly 22%
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Rural exports
Declined by 18%
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Melbourne water storages
Dropped from 98% in 1996 to 33% by 2010
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Increased food prices
Fruit prices up 6.8%
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Long term implication
Depletion of farm capital, prolonged recovery period
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Climate trends
Decrease in precipitation levels since 1994
Note 
Flashcards (108)