The long-awaited multi-million dollar upgrade of the Northern Rivers Livestock Exchange (NRLX) has finished, with the $7 million second stage being officially opened today by NSW Deputy Premier and Minister for Regional NSW John Barilaro.
Mr Barilaro said it was a tremendous asset for the entire Northern Rivers region, which would showcase Casino’s place as the Beef Capital of Australia.
He said the redeveloped stock exchange, delivered by Richmond Valley Council, would ensure the continued growth of a selling market which already processed more than 100,000 head of cattle each year, while also allowing expansion into the lucrative online market.
The second stage of the Northern Rivers Livestock Exchange was fully funded by the NSW Government under the Restart NSW Growing Local Economies Program, part of the $1.7 billion Regional Growth Fund.
The entire holding section of the saleyard complex was redeveloped with a new roof, upgrades to holding pens, improved safety and the installation of environmental upgrades, including rainwater recycling and wastewater treatment. Technology across the entire complex was upgraded to allow for livestock tracking and online selling.
Member for Clarence Chris Gulaptis said projects like this demonstrated the State Government’s ongoing commitment to regional NSW.
“The redevelopment of the NRLX capitalises on Casino’s exceptional transport links, strong local industry and profile as a leading beef market to create the biggest livestock exchange between Dubbo, in the State’s Central West, and Dalby in Queensland.”
Richmond Valley Council Mayor Robert Mustow said the redevelopment had been complemented by the upgrade of the livestock exchange’s dedicated truck wash, a project funded by the Australian and NSW governments under the Restart NSW Fixing Country Truck Wash Program, and by Richmond Valley Council.
Cr Mustow said by enabling expansion and improvements to the NRLX, Council was certain this investment would pay dividends for economic development within the Richmond Valley and the wider Northern Rivers region.
He said the Richmond Valley community derived significant direct economic benefit from the NRLX, with an annual sales turnover now around $100 million mark.
“Benefits flow to local growers having a facility close to their operations, stock and station agents who use the yards to run their business, transport operators who move stock and purchase fuel, locals who work there, and the businesses who support the NRLX operations and its users,” Cr Mustow said.
“Together with stage one of the stock exchange – the redevelopment of the selling section of the facility supported by the Australian Government and Richmond Valley Council – these projects demonstrate the fantastic results that can be achieved through close collaboration at all levels of government.”