The crocodile industry in Australia’s Northern Territory, a new report says, is worth more than four times the previous estimate of US $80 million. Officials hope the findings will give poorer aboriginal communities the chance to develop crocodile farming industries.
The saltwater creature is the world’s largest reptile. In Australia, they were once hunted to the brink of extinction, mainly for their skins, which were used to make durable leather goods and clothes.
They have been a protected species since the early 1970s, and their numbers in Australia’s tropical north have soared.
The Northern Territory regional government now sees economic opportunities for …read more