Cobar - Economy

Economy

The Cobar economy relies heavily on trade with the local mines and their employees, and consequently, on world metal prices. During 2008, after a fall of 75% in world zinc prices, one local mine cut 540 of 655 jobs, with flow on effects felt by many other businesses. Over the year Cobar's workforce reduced by 10%. The town has increasing benefit from tourists passing through due to its location at the intersection of the Kidman and Barrier Highways. It also benefits from being the seat of the local government area. Cobar has two primary schools, a high school, an activities youth centre and a 31-bed hospital for acute care.

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