| The western NSW rangeland is the pastoral zone of NSW, with increasing abundance and distribution of feral goats (Capra hircus). Feral goats are generally viewed as agricultural pests impacting on agricultural production and natural resources but they are also valuable economic resources that generate income for many pastoralists. This paper presents an economic analysis of alternative feral goat management strategies in the western NSW rangelands. We used benefit‐cost analysis to evaluate the Net Present Value (NPV) and Benefit Cost Ratio (BCR) of feral goat management strategies including do‐nothing, opportunistic harvesting, ‘value added goats’ and establishment of goat‐proof fencing on representative properties in the Bourke, Cobar and Broken Hill... |
