Economy
The economy is based on the huge grain-handling facilities (a total capacity of over 337,500 tonnes), the canning and fish processing works, lambs, wool and beef, and tuna farming for the Japanese market. Home of Australia's largest commercial fishing fleet, Port Lincoln now has a thriving aquaculture industry that farms the following species: tuna, yellowtail kingfish, abalone, mussels, oysters, and experimental farming in seahorses and spiny lobsters. Before the advent of aquaculture, the main fishing was for Southern bluefin tuna.
Port Lincoln is the terminus of an isolated 3 ft 6 in (1,067 mm) narrow gauge railway system to bring the wheat to port. Iron ore traffic may be added in the future, although this has been the topic of protest and debate in the community.
Read more about this topic: Port Lincoln
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)