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Stressing income benefits of wind development for rural farmers
1 January 2005
The income benefits of wind developments for farmers in rural communities are being stressed by the wind industry following the better than expected result of a recent property auction in New South Wales. Selling for A$2.42 million, a 580 hectare cattle ranch in Blayney is home to nine turbines and will generate income for the new owners for the duration of the wind farm's life, typically around 25 years. The payment to property owners is several thousand dollars a year. This is being seen by farmers as a reliable way to "drought-proof" their farms.
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