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Australias Economy

ed by barley, oats, rice, potatoes, cotton, sunflower seeds, and tomatoes. Fruits include grapes, primarily for wine, and oranges, apples, pineapples, and bananas. Rangeland and pastures occupy about 55 percent of the total land area; on this are raised the world's largest number of sheep, producing more wool than any other country. Other livestock include cattle, about one-twelfth for dairying, and pigs. Beef and cattle hides are important products.Australia is almost self-sufficient in lumber production. Most of roundwood production is broadleaved, and timber plantations account for about one-fifth of the lumber output. Most fishing in Australia is marine, three-fifths from the Indian Ocean and two-fifths from the Pacific Ocean. More than two-thirds of the annual catch consists of crustaceans; tuna is also important. Mining and quarrying account for about 4 percent of the GDP and employ about 1 percent of the labour force. Bituminous and lignite coal are the leading energy minerals, followed by petroleum and natural gas. Australia leads the world in the production of bauxite, industrial diamond, and lead; other metallic minerals include iron ore, manganese ore, titanium oxide, zinc, copper, nickel, tin, silver, gold, platinum, cobalt, cadmium, antimony, zircon, bismuth, and tungsten. The principal nonmetallic minerals include limestone, sand and gravel, brick clay, shale, salt, and sulfur.Manufacturing is well diversified and comprises more than 17 percent of the GDP; it employs about 15 percent of the labour force. The principal manufactures include cement, crude steel, pig iron, metal manufactured products, refined-petroleum products, chemicals, wheat flour, plastics, newsprint, beef and mutton, and textiles. More than four-fifths of electrical production is from thermal power plants, the rest from hydroelectric plants. Tourist attractions include beaches and deep-sea fishing, diving along the Great Barrier Reef, and winter sports...

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