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)
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Famous quotes containing the word economy:
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)