Economy
The town of Broome has a flourishing pearling industry which operates around the Kimberley coast. Some of the major farmers are Paspaley Pearls, Clipper Pearls, Broome Pearls and the Willie Creek Pearl Farm.
One third of the world's annual production of diamonds is mined at the Argyle and the Ellendale diamond mines. Oil is extracted from the Blina oil field and gas is expected to be taken from offshore sources soon. Zinc and lead were mined at the Pillara and Cadjebut mines near Fitzroy Crossing with Nickel still being mined at Sallay Mallay near Halls Creek. Derby is the nearest export base for shipping these metals.
Traditionally, the economy depended on pastoral leases - with most of the region covered by the leases.
More recently agriculture has been focused on the Ord River Irrigation Area near Kununurra. Irrigation was also trialled in the West Kimberley by way of the now defunct Camballin Irrigation Scheme. There are also fruit growers in Broome and in other areas in the West Kimberley. Beef cattle are grown in the Kimberley and exported live. Wyndham features the last remaining meatworks in the Kimberley - there were formerly works at Broome and Derby but financial constraints have caused these to be closed.
Barramundi are bred in Lake Argyle; and Broome features a fully equipped Aquaculture Park near the port which is tenanted by amongst others Paspaley Pearls and Broome TAFE. The Kimberley also has a thriving fishing industry.
Some of Australia's most prominent indigenous artists and art centres are in or adjacent to the Kimberley region. Artists such as Paddy Bedford and Freddy Timms have an international profile, and there are a number of Aboriginal-owned and controlled art centres and companies that assist artists, arrange exhibitions and sell works. The art centres in the region are also organised through the Association of Northern, Kimberley and Arnhem Aboriginal Artists. Issues have been raised regarding the exploitation of indigenous artists by businesses and individuals, including in the Kimberley, which were canvassed in an Australian Senate parliamentary committee report.
Read more about this topic: Kimberley (Western Australia)
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)