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.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)