Economy
The New England region has a great diversity of mineral deposits ranging from large coal deposits in the Werris Creek to Boggabri area to metallics and gemstones on the tablelands. Antimony, coal, gold, sapphires and tin have been the most important economic commodities mined in the New England region.
There are numerous other business activities across the region ranging from small enterprises to large multi-national corporations that are producing goods for domestic and international markets. Aviation training is provided by the Tamworth-based BAE Systems flight training college, the Australasian-Pacific Aeronautical College.
Cattle and sheep are the predominant types of livestock produced in the New England and they have been produced since their importation during the earliest days of European settlement. The Northern Tablelands produce some of Australia's best fine wool and beef cattle. The western slopes are major areas for cotton and wheat. Other primary production activities include dairying, the production of grains, lamb, pork, fruit, potatoes, poultry, eggs, various mining activities, timber production, viticulture and aquaculture.
Read more about this topic: New England (New South Wales)
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)