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Investor Presentaiton

The dairy industry in Tasmania 2 Tasmania - a unique island of opportunity Tasmania's temperate climate, fertile soils, reliable rainfall and sunshine all ensure excellent growing conditions for lush pasture, underpinning the production of premium quality dairy products. Tasmanian dairy cows are housed outside all year round, grazing on grass and clover, while enjoying some of the cleanest air in the world. Discovered by Dutch explorer Abel Tasman in 1642, Tasmania is Australia's only island state and is separated from mainland Australia by Bass Strait, a 240 kilometre stretch of water. The state's area is 68 330 square kilometres with 3 300 kilometres of coastline, making Tasmania approximately one quarter the size of its neighbouring Australian state, Victoria. Tasmania is similar in size to Ireland and Sri Lanka, and half the size of Fujian Province in China. The dairy industry is the largest sector of Tasmania's agricultural industry and a significant contributor to the Tasmanian economy. It offers a number of investment opportunities, including large-scale pasture-based milk production, specialty cheese manufacture and large-scale dairy commodity processing. Tasmanian dairy farmers benefit from a sustainable, low-cost, pasture-based production system, underpinned by reliable rainfall and increasing irrigation infrastructure. This translates to lower costs of production, considerable growth potential and a more reliable milk supply, when compared with many dairy districts both in Australia and internationally. The dairy industry is a priority sector with excellent growth prospects and the Tasmanian Government encourages investment in milk production (farming) and value adding within the state. A guide for investors 3 Tasmania at a glance Location Climate Government Population Capital city Major industries Community and lifestyle History and heritage Located broadly at latitude 41-42° south and longitude 144° east, and separated from the Australian continent by Bass Strait. Tasmania is a group of over 300 islands, with the main island being 315 km (180 miles) from west to east, and 286 km (175 miles) north to south. Tasmania has a mild, temperate maritime climate with four distinct seasons, making it the ideal location for production of premium food and wine. In summer (December to February), the average maximum temperature is 21° Celsius (70° Fahrenheit). In winter (June to August), the average maximum is 12° Celsius (52° Fahrenheit) and the average minimum is 4° Celsius (40° Fahrenheit). Tasmania is a parliamentary democracy governed according to the principles of the Westminster System. Since 1901, Tasmania has been a state of the Commonwealth of Australia. At December 2017, the estimated resident population of Tasmania was 528 097. The capital of Tasmania is the city of Hobart. The greater Hobart area has a population of approximately 229 088 people. The major industries are food and agriculture (including dairy, wine, salmon, fruit, vegetables and red meat), tourism, mining and mineral processing, forestry and related products, specialist manufacturing, research and science, Antarctic-related industries, building and construction, renewable energy, and information and communications technology. Tasmania's rich natural heritage, its diverse range of arts and cultural experiences, its lifestyle opportunities and its public spaces are advantages that help to make the state one of the world's most liveable places. Aboriginal people are thought to have first moved onto the island 30 000 years ago, during an ice age which exposed a land bridge between the island and mainland Australia. Europeans from the British Isles established a penal colony in 1803. During this time, the island was called Van Dieman's Land. The transportation of convicts ended in 1853 and the island was renamed Tasmania in 1856. AUSTRALIA King Island Flinders Island Stanley Burnie Devonport Launceston Tasmania Bicheno • Queenstown Strahan Swansea⚫ Hobart⚫
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