According to recent reports, the Australian bushfires could be the foremost reason to push the economy into a recession for the first time in nearly three decades. The uncontrollable fires have already burnt more than six million hectares of bushland, majorly impacting flora and fauna of regions in and around New South Wales and Victoria reports newsskill.com
Several companies have reported the extent of losses caused by the Australian bushfires. From the agricultural industry, vineyard businesses to insurance companies, every sector is feeling heavy blows.
A firm which leases farms to Australia’s largest listed fruit and vegetables grower Costa Group – Vitalharvest Freehold Trust said that the fires had devastated a packing shed along with the equipment and vehicles at one of its berry farms. The firm claims that the farm accounts for six percent of its berry plantings.
At the weekend the Dunns Rd Fire, which had been threatening the Batlow region throughout the previous week, moved through stonefruit grower N&A Group's growing operation Ardrossan Orchards on Old Tumbarumba Road in Batlow, NSW.
The company reports significant damage to parts of the orchard at the “Woodburn” property. "We feel fortunate and grateful that no major infrastructure or trees were damaged at our “Ardrossan” and “Gocup” properties."
The company commended all the volunteers who worked day and night throughout the week to successfully protect large areas of orchards, homes and the packing & cool storage facilities here in Batlow.
N&A will now focus on ensuring they deliver a high quality crop in 2020, with picking to begin late February.