Study completed for Meat and Livestock Australia and LiveCorp described the direct, indirect and multiplier regional benefits flowing from the livestock export industry. Supply chains in the Northern Territory and Queensland (cattle), Southern Western Australia (sheep) and Victoria (dairy cattle) were defined and quantified. The contribution to regional communities, employment and the size and nature of capital investment in the regions were described and assessed. Farming systems were specified and ‘next best’ alternatives to live export were modelled. The study included analysis of the adjustment costs and policy implications associated with cessation of the live export trade. Study completed by Michael Clarke, Dr Julian Morison and Warwick Yates.