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A $3 billion garbage economy

Speaking of Melbourne, its first label must be "seven of the world's most livable cities." Australia has three cities-Melbourne, Adelaide and Perth-in the top 10 of the 2017 ranking of livable cities in the world published by economics Think Tank. In this beautiful environment country, the public place is neat and clean, the residential area is the bird language flower fragrance, the green grass everywhere.

Every community has a regular weekly garbage collection day, every side of the street can be seen door-to-door orderly arrangement of garbage bins, people living in Australia have formed a good habit of sorting, recycling non-recyclable waste from an early age.

But you probably don't know that your life produces garbage, big and small, garbage that you think is worthless and discarded, accumulated over the years to generate hundreds of millions of Australian dollars worth of money?.?

"because of good habits and clean maintenance of the environment, waste disposal has become a vital industry in Australia! The size of the Australian waste disposal industry is as high as A $2.5 billion! And has grown at an average annual rate of 2.2% over the past five years! According to the contribution of the industry to Australia's GDP, the annual growth of the waste disposal industry in Australia is expected to be 3.4%! This even exceeds Australia's economic growth rate! "

(the above data are from the IBISWorld report, an industry research firm)

These huge "waste assets" in Australia have been collected by an Australian domestic enterprise, turning waste into treasure, creating a value of A $3 billion! And the giant in this industry is the current market capitalization of A $3.06 billion Cleanaway Waste Management (ASX:CWY). It is Australia's largest waste management, recycling and industrial services company.

It works with thousands of Australian businesses and communities to create and deliver tailored solutions.

It transforms food waste into nutrient-rich soil enhancers; looks for innovative and customized recycling solutions to help businesses achieve sustainable development goals; and provides roadside garbage and recycling services to millions of Australian households.

The company through garbage collection treatment, turning waste into treasure on the road to wealth!

Cleanaway, which has been listed on the Australian Stock Exchange since 2005, has nearly doubled its share price in the past three years.

The company's annual cash dividends to shareholders are also increasing year by year!

More recently, Cleanaway will also acquire Tox Free Solution (ASX:TOX, another Australian public waste disposal company that specialises in medical waste and infrastructure waste disposal.

If a successful acquisition is reached, Cleanaway will become Australia's unshakable real "garbage collection" giant.

Recently, the company has been on the list of Australian stocks rising in a row, the share price has been up for 5 days in a row!


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