How did Australia and New Zealand the two biggest exporters in the sheep industry collapse?

By Roger Fletcher
April 12 2018 - 1:00pm
COLLAPSE: Industry leader, Roger Fletcher, from Fletcher International Exports, explains how the wool industry collapsed in 1980s.
COLLAPSE: Industry leader, Roger Fletcher, from Fletcher International Exports, explains how the wool industry collapsed in 1980s.

How did Australia and New Zealand, the two biggest exporters in the world sheep industry, collapse? The downfall of the wool industry was created in the late 1980s and by February 1991 it had self destructed with huge losses.

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