date:Aug 29, 2012
s and Sciences (ABARES) estimated that an outbreak of FMD could cost the Australian economy billions of dollars.
Over a ten year period following an outbreak there would be severe direct economic losses to the livestock and meat processing sector. These losses ranged from $7.1 billion for a small three month outbreak, to $16.0 billion for a large 12 month outbreak (expressed in current dollar terms).
It was only a decade ago that an outbreak of FMD in the United Kingdom cost their economy the eq