Economy
The Northern Tablelands cover an area of approximately 3.12 million hectares including 2.11 million hectares occupied by some 2,300 agricultural establishments producing agricultural commodities valued at more than $320 million. Livestock production contributes approximately 90% of this annual income which comes from beef cattle, sheep and wool.
Many beef cattle studs and commercial cattle breeders are located across the Northern Tablelands which has a total of about 792,000 beef cattle. The region has approximately 3.1 million sheep. Areas around Armidale, Uralla and Walcha are noted for their superfine wool production. The Northern Tablelands has been declared an Ovine Johne's disease (OJD) Exclusion Area (EA), under the Stock Diseases Act 1923. Walcha is the site of a large modern dairy farm. Guyra produces prime lambs, potatoes, tulips and glasshouse tomatoes. Apples, pears and other stone fruit are grown at Kentucky and Arding. Pigs, bees, and more recently vineyards also contribute to agricultural production on the tablelands.
During 2008 nine local government areas in the Northern Tablelands recorded a 12 to 35 per cent growth in property values over the last 12 months and a 13 to 22 per cent rise over the last five years according to a report from Australian Property Monitors.
Gold and antimony are mined at Hillgrove. Lockheed Martin operates a satellite tracking dish near Uralla.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)