World at Work: Australia

By Jane Hwang - 2013-02-14T18:06:19Z

Photograph by Carla Gottgens/Bloomberg

Company Symbol % Change
2 of 11

Father and Son Shearers

"There has been strong demand from buyers at auctions held in Melbourne, Sydney and Fremantle, with increases in merino prices particularly marked. According to AWI (Australian Wool Innovation) exporters are of the view that a diminished supply of merino wool will be entering the market, reinforced by the dry weather across the country." -- National Australia Bank's January 2013 Rural Commodities Wrap

Left, Greg Muir, left, and son Shane Muir shear Border Leicester sheep in Lancefield.

Advertisement