December 29, 2006, Newsletter Issue #184: Australian Economy

Tip of the Week

ECONOMY
Australia has a well-diversified economy. Although the country is one of the world´s leading exporters of agricultural products, manufacturing and mining are also extremely important economically. Gold rushes in the mid-1800s encouraged immigration and exploration of the Outback, and the silver-lead-zinc lode discovered at Broken Hill, New South Wales, in 1883 remains a major source of production. Most of Australia´s mineral production, however, dates from 1960 or later.

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