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ECONOMIC INFORMATION

 

The Hunter Region is extremely well placed to meet current and future challenges and continue to flourish as one of the strongest performing local economies in Australia.

  • The Hunter region accounts for more than 32 per cent of the state's exports including coal, mining services, products and equipment, as well as fresh and processed food and wine.
  • Coal is a $6 billion a year industry in the region, with 86 million tonnes exported annually comprising about 90 per cent of the region's total exports.
  • About $8 billion in trade goes through the port of Newcastle a year.
  • 33 per cent of Australia's aluminium is produced in the Hunter.
  • The Hunter is one of Australia's top wine-growing areas, producing 31 million litres of wine annually valued at more than $230 million.
  • Power stations in the region generate 80 per cent of the state's electricity and it is home to the largest solar station in the southern hemisphere.
  • The nation's equine capital of Scone is home to some of the world's top breeding stallions and more than $335 million is invested in the region's stud farms and horses.
  • In manufacturing, over the last 10 years more than $10 billion worth of industrial projects have been completed on budget and on time, with major manufacturing sectors including metals processing, transport, machinery and equipment manufacture, chemical processing, mining, defence and light industry.
  • Agribusiness in the region, including agriculture, horticulture, timber and paper products, aquaculture, food processing and manufacturing of products such as fertiliser, is valued at more than $1 billion annually.

 

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Regional Development Australia (RDA) is a joint Commonwealth-State initiative to support regional development. Funded by the Federal Department of Infrastructure, Transport, Regional Development and State Government to be key facilitators of change and development in their regions.

RDA-Hunter will be the first point of contact for Hunter communities across all levels of government to promote regional initiatives and partnerships. RDA-Hunter coordinates the local response to opportunities for employment, regional development and community capacity-building.