Economy
As of the 2007–08, Mackay contributed $15.4 billion to the Australian economy, or 7.1% of Queensland's GSP. This is largely on the back of its export-oriented industries of sugar and mining.
Mackay is famous for its history as one of Australia's largest cane farming regions. However, in recent years, the mining industry has become the mainstay of the local economy. Heavy investment and planning is also going into Mackays growing tourism industry.
Read more about this topic: Mackay, Queensland
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)