In 2011, 4 Corners released 'A bloody Business' highlighting beef animal welfare in the live-trade industry. The story basically shut down the beef live-trade industry in northern Australia for about 6 months. In 2018, the beef industry was seeking over $600 million in compensation by the forced shut down.
The lack of market resilience (i.e. exports can be shut down by either party) exposed the lack of financial resilience in the northern beef industry. One key option strategy to diversify the beef industry was to encourage the development of abattoirs to increase market opportunities.
Well the Australian Agricultural Company (AACo) has just mothballed its $100 million, 3 year old abattoir, primarily due to supply chain logistics. This should be putting a fear into the northern beef industry.