One of Queensland’s largest livestock exchange facilities will receive funding towards an upgrade under a future Coalition Government.
Leader of The Nationals David Littleproud and Federal Member for Capricornia Michelle Landry announced the Central Queensland Livestock Exchange (CQLX) Gracemere Saleyards will receive $5 million under a future Coalition Government.
“Our cattle industry is going through a particularly tough time right now and deserves support,” Mr Littleproud said.
“The CQLX is one of Australia’s most important saleyard facilities. I am proud to back this announcement to ensure our industry gets the crucial support it needs, especially during this difficult period out west.”
The refurbishment will support hundreds of cattle farmers, with 120,000 cattle sold annually at the exchange.
It will give the facility funding towards a brand new 12,500-square metre roof with a rainwater capture system.
Regional Livestock Exchange (RLX) has been working closely with Rockhampton Regional Council to see this important project come to fruition for the community. It has also invested over $14 million into the facility since 2010.
Ms Landry said construction will start as soon as possible under a future Coalition Government.
“Central Queensland is known for selling not just Australia’s, but the world’s best beef,” Ms Landry said.
“The CQLX is also regarded as one of the best stud selling facilities in the country and this is an extremely exciting announcement for the region.”
RLX CEO Brett Freer said the funding would go towards upgrades that had been years in the making.
“We welcome the Coalition’s pledge to the facility and the investment in seeking the advancement of our sector, providing improved animal welfare conditions, enhanced water and environmental management and an improved experience for the many industry and community users,” Mr Freer said.
“We have a long history of investing in CQLX and ensuring Rockhampton remains the Beef capital of Australia. The facility holds a prestigious place in our industry, and we see this investment as securing a very bright future to continue servicing a thriving stud, commercial and logistics sector.”
