New England (New South Wales) - Economy

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.

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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)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)