Western Australia Economy

Western Australia's economy


what are the main goods and services produced by the W.A econdry ?

Western Australia has the highest per capita output of any Australian state.The economy in Western Australia is heavily based on mining such as iron, alumina , mature, gas and gold.



which regions produce what kids of goods and services ?

There are several regions located in Western Australia each region provides different goods and services At last gold was discovered. A short-lived rush to the Kimberley district in 1886 was followed by more promising finds in the Pilbara and Yilgarn districts (1887–88). Economic activity stimulated a campaign for constitutional autonomy.

• Minerals
• Manufacturing
• Transport
  
  what are the strengths and weakness of the economy ?
  
  The potential weaknesses of Australia now are the expanding resources sector and also we reliant more and more on the number of key resources exports. The State's vast area provides soils and climates suited to a variety of agricultural production from open range grazing and broad cereal cropping to irrigated pastures and horticulture, orchards and vineyards. Wheat, wool, beef and lamb are the main products. Tropical and temperate horticultural products and stockfeed is also important. Western Australia's fishry is world's major suppliers of pearls. With a decline in fish stocks in other parts of the world, the steadily growing aquaculture industry is providing high value products to markets. Pearl farming at Broome in recent years with high quality cultured pearls and Mother of Pearl being exported to Asia and Europe.
  
  How is the W.A economy changing ?
  
  The Western Australian's economy is linked to the abundance of the natural resources. This has provided the State with a comparative advantage in resource extraction and processing. Very high levels of job vacancies have emerged and unless skilled workers can be found, the state government fears that significant economic opportunities may be lost. W.A with about 10% of Australia's population, has historically generated approximately 30% of Australia's export revenues, but the recent commodities has pushed this figure to 40%. The State now generates more export income than New South Wales and Victoria the two most populous states.

Structure of the western Australia economy ?

mining-23%
Agriculture-4%
Government-4%
Health-6%
Education-3%
Personal and Other-11%
Manufacturing-9%
Construction-6%
Transport and Utilities-8%
Finance and Business Services-14%
Tourism Related-3%
Wholesale/Retail-9%

http://en.wikipedia.org/wiki/Western_Australia