Knowledge (XXG)

Economy of Tasmania

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58:, have been: mining, agriculture, aquaculture, fishing, forestry; and tourism. Mining has including copper, zinc, tin, iron and gold. Food production has included salmon, beef, chicken, pork, dairy and lamb farming, as well as a variety of fruits and vegetables. Apples, pears, strawberries, raspberries, carrots and many varieties of potatoes are produced. Tasmania is known for its wild abalone and crayfish. The crayfish in the local waters, are one of the largest species of rock lobsters in the world, and fetches top prices in northern Pacific market. 77: 1957: 1314: 24: 62: 1969: 131:, the state's capital, had domestic rental vacancy rates of 0.9 per cent for houses and 1.6 per cent for units, the highest rates in the country. This has caused a shortage of rental accommodation. Hobart's average house price in December 2016 was $ AUD 345,000. Making it the most affordable capital province in Australia to buy a house. 88:
In the past, there has been a strong local news commentary on mining and logging in Tasmania. While these industries still play a major role in the states economy, tourism has increasingly become a backbone to Tasmania's economy. Tourists, from overseas and interstate, come to Tasmania each year for
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per capita of $ AUD 50,237 (2015-2016) Tasmania is rich by world standards. Converted to US dollars on the 3-March-2017 this amount is $ US 38,354.21. If Tasmania was a separate country, this would place it as the 21st richest country in the world, on a GDP per capita basis. This statement is based
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Of the exported products in 2015-2016, processed metals and metal products was the top category in dollar value terms. Of the total $ AUD 2.853 billion of states exports, this category generated $ AUD 1.216 billion in sales. The next top four export categories where; Ores and concentrates, meat
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is of fundamental importance to the Tasmanian economy. It makes a significant contribution in its own right by way of employment, investment and its contribution to the State budget by way of taxes and dividends. In addition, the price and reliability of the supply of electricity impact on the
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For the year ending September 2016, there were 1.19 million visitors, up 4 per cent from 1.14 for the previous year. Total nights spent by visitors in the state increased by 8 per cent to 10.58 million. Visitor expenditure increased by 8 per cent to $ AUD 2.07 billion. The number of interstate
241:, links Tasmania to mainland Australia. This connection was established in 2005. It allows for surplus electricity to be sold into the national grid. Alternatively electricity supply can also be imported if needed. The vast majority of the states power supply is classified as green energy. 186:
Meat and dairy production had a net revenue of $ AUD 1.49 billion in 2011-2012, which represented over a third of food production revenue. Dairy production was the only livestock-related sector with an increase from 2004-2005, with $ AUD 668.8 million net revenue in 2011-2012
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visitors to Tasmania increased by 3 per cent to 1.01 million (was 982,000). To place this in context, the total estimated population in June 2016 of Tasmania was 519,128. Which means more than double the states population are tourist visitors over a year period.
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The total estimated revenue, for the information and communications technology industry, in Tasmania for 2010 was $ AUD 1,137 million.
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products, seafood products and dairy products. From 2011 to 2016 wood and paper product exports has declined by close to 50%.
1973: 1802: 1703: 334:"Tasmanian families fishing for rock lobster avoid pricey Christmas dinner - ABC News (Australian Broadcasting Corporation)" 1961: 1797: 1693: 1474: 1464: 1417: 1995: 1531: 1330: 1263: 1158: 1838: 1807: 1782: 1597: 1521: 1375: 1018: 881: 831: 780: 1884: 1853: 1833: 1787: 1662: 1617: 1592: 1582: 1536: 1516: 1479: 1288: 1056: 871: 76: 1912: 1858: 1759: 1667: 946: 851: 820: 717: 1812: 1792: 1744: 1651: 1562: 1085: 978: 961: 901: 896: 886: 162:, with the combined total of China and Taiwan dwarfing all other export country locations several times over. 1817: 1642: 966: 951: 941: 916: 906: 891: 876: 836: 1672: 1612: 1577: 1484: 1273: 1258: 1193: 1063: 936: 1355: 1345: 1335: 1634: 1526: 1248: 1233: 1038: 1033: 985: 956: 931: 921: 911: 841: 826: 1848: 1777: 1754: 1688: 1607: 1572: 1440: 1398: 1365: 1283: 971: 861: 856: 313: 65: 1863: 1843: 1769: 1587: 1469: 1388: 1360: 1350: 1340: 1322: 1298: 1253: 1223: 1028: 1023: 926: 846: 134:
Tasmania's unemployment rate in January 2017 was 5.9% in trend terms and 5.6% seasonally adjusted.
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Please help update this article to reflect recent events or newly available information.
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Smoked Tasmanian salmon. Tasmania is a large producer of seafood, particularly
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the island's natural environment, clean air, and food and drink products.
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means. There are also a number of wind farms producing electricity. An
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In a 2009 report, Tasmania's electricity consumption and supply was:
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economic performance of other sectors of the Tasmanian economy.
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Revenue estimates for Tasmanian ICT Industry by sector in 2010:
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In 2015-2016 the top five countries Tasmania exported to were
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Major employers include the Tasmanian State Government,
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Tourism is a large contributor to the state's economy.
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A large proportion of Tasmania's power is produced by
1893: 1872: 1826: 1768: 1722: 1681: 1633: 1555: 1509: 1493: 1447: 1374: 1321: 1216: 1146: 1122: 1073: 1047: 1009: 811: 707:"Tasmanian ICT Industry Sector Assessment Report" 612:"Tourism Tasmania Corporate - Visitor Statistics" 426:"Hobart property market: investors missing out" 1425: 1194: 788: 8: 1432: 1418: 1410: 1201: 1187: 1179: 1154:Office of the Tasmanian Economic Regulator 795: 781: 773: 701: 699: 677:. Government of Tasmania. Archived from 325: 121:on the International Monetary Fund's 72:with natural resources on an 1865 map 7: 1968: 339:Australian Broadcasting Corporation 211:Telecommunications: $ A 738 million 1170:List of power stations in Tasmania 716:. 2010. p. 12. Archived from 202:Computer services: $ A 313 million 14: 394:"State accounts report 2015-2016" 251:: 10,441 GWh (average 2004-2009) 1967: 1956: 1955: 1312: 22: 622:from the original on 2017-03-02 562:from the original on 2017-02-24 465:from the original on 2017-03-03 436:from the original on 2017-03-03 375:from the original on 2017-03-13 346:from the original on 2018-09-25 208:Wholesale Trade: $ A 65 million 1704:Australian Securities Exchange 484:"Labour force report Jan 2017" 424:Allison Worrall (2016-02-29). 1: 281:HVDC mainland link net inflow 205:Manufacturing: $ A 20 million 1943:Australia–United Kingdom FTA 1547:Australian Capital Territory 1159:2016 Tasmanian energy crisis 1918:Australia–United States FTA 1808:National Electricity Market 586:. p. 5. Archived from 520:. p. 3. Archived from 2012: 1663:Minerals Resource Rent Tax 1951: 1933:Trans-Pacific Partnership 1913:Australia–New Zealand FTA 1859:Social class in Australia 1668:Passenger Movement Charge 1310: 1167: 1039:Huxley Hill (King Island) 455:"Australian House Prices" 271:: 11,049 GWh (2007-2008) 261:Commercial and Industrial 31:This article needs to be 1793:Energy efficiency rating 1648:Goods & Services Tax 581:"Stategrowth.tas.gov.au" 515:"Stategrowth.tas.gov.au" 54:The major industries of 1938:Indonesia–Australia FTA 249:Electricity Consumption 170:Tourism and hospitality 1485:Snowy Mountains Scheme 1460:Banking crisis of 1893 616:Tourismtasmania.com.au 553:Stategrowth.tas.gov.au 459:Livingin-australia.com 239:underwater power cable 222:energy supply industry 85: 73: 127:As of February 2016, 79: 64: 1849:Poverty in Australia 1441:Economy of Australia 342:. 23 December 2017. 314:Economy of Australia 1996:Economy of Tasmania 1928:Japan–Australia FTA 1923:China–Australia FTA 1908:Australia–Korea FTA 1903:Australia–Chile FTA 1864:Wealth in Australia 1844:Income in Australia 1827:Economic conditions 1723:Regulatory agencies 1682:Banking and Finance 1470:Four pillars policy 641:"Population report" 289:: 1,200 GWh (10.9%) 283:: 2,293 GWh (20.8%) 277:: 7,100 GWh (64.3%) 118:gross state product 112:Economic conditions 70:South West Tasmania 1750:Corporations power 1699:Official cash rate 1603:Telecommunications 1304:List of Tasmanians 269:Electricity Supply 86: 74: 1983: 1982: 1803:Green electricity 1532:Western Australia 1501:Australian dollar 1407: 1406: 1331:Central Highlands 1176: 1175: 1113:Transend Networks 1019:Granville Harbour 369:Themercury.com.au 263:: 8,457 GWh (81%) 257:: 1,984 GWh (19%) 52: 51: 2003: 1971: 1970: 1959: 1958: 1895:Trade agreements 1798:Geothermal power 1694:Financial system 1475:Great Depression 1465:Economic history 1455:Australian pound 1434: 1427: 1420: 1411: 1316: 1269:Local Government 1203: 1196: 1189: 1180: 797: 790: 783: 774: 767: 766: 764: 763: 757: 751:. Archived from 746: 738: 732: 731: 729: 728: 722: 711: 703: 694: 693: 691: 689: 683: 676: 668: 662: 661: 659: 658: 652: 646:. Archived from 645: 637: 631: 630: 628: 627: 608: 602: 601: 599: 598: 592: 585: 577: 571: 570: 568: 567: 561: 550: 542: 536: 535: 533: 532: 526: 519: 511: 505: 504: 502: 501: 495: 489:. Archived from 488: 480: 474: 473: 471: 470: 451: 445: 444: 442: 441: 421: 415: 414: 412: 411: 405: 399:. Archived from 398: 390: 384: 383: 381: 380: 361: 355: 354: 352: 351: 330: 295:: 429 GWh (3.9%) 123:ranking in 2015. 66:Western Tasmania 47: 44: 38: 26: 25: 18: 2011: 2010: 2006: 2005: 2004: 2002: 2001: 2000: 1986: 1985: 1984: 1979: 1947: 1889: 1885:Labour movement 1868: 1854:Property bubble 1834:Government debt 1822: 1764: 1718: 1708:S&P/ASX 200 1677: 1629: 1551: 1537:South Australia 1517:New South Wales 1510:State economies 1505: 1489: 1443: 1438: 1408: 1403: 1370: 1317: 1308: 1212: 1207: 1177: 1172: 1163: 1142: 1123:Interconnectors 1118: 1069: 1043: 1005: 807: 801: 771: 770: 761: 759: 755: 744: 740: 739: 735: 726: 724: 720: 709: 705: 704: 697: 687: 685: 684:on 3 March 2017 681: 674: 670: 669: 665: 656: 654: 650: 643: 639: 638: 634: 625: 623: 610: 609: 605: 596: 594: 590: 583: 579: 578: 574: 565: 563: 559: 548: 544: 543: 539: 530: 528: 524: 517: 513: 512: 508: 499: 497: 493: 486: 482: 481: 477: 468: 466: 453: 452: 448: 439: 437: 423: 422: 418: 409: 407: 403: 396: 392: 391: 387: 378: 376: 363: 362: 358: 349: 347: 332: 331: 327: 322: 310: 301:: 27 GWh (0.2%) 231: 218: 193: 184: 172: 140: 114: 102:MyState Limited 48: 42: 39: 36: 27: 23: 12: 11: 5: 2009: 2007: 1999: 1998: 1988: 1987: 1981: 1980: 1978: 1977: 1965: 1952: 1949: 1948: 1946: 1945: 1940: 1935: 1930: 1925: 1920: 1915: 1910: 1905: 1899: 1897: 1891: 1890: 1888: 1887: 1882: 1876: 1874: 1870: 1869: 1867: 1866: 1861: 1856: 1851: 1846: 1841: 1839:Home ownership 1836: 1830: 1828: 1824: 1823: 1821: 1820: 1815: 1810: 1805: 1800: 1795: 1790: 1785: 1783:Carbon pricing 1780: 1774: 1772: 1766: 1765: 1763: 1762: 1757: 1752: 1747: 1742: 1737: 1732: 1726: 1724: 1720: 1719: 1717: 1716: 1713:All Ordinaries 1710: 1701: 1696: 1691: 1685: 1683: 1679: 1678: 1676: 1675: 1670: 1665: 1660: 1658:Luxury Car Tax 1655: 1645: 1639: 1637: 1631: 1630: 1628: 1627: 1622: 1621: 1620: 1610: 1605: 1600: 1598:Superannuation 1595: 1590: 1585: 1580: 1575: 1570: 1565: 1559: 1557: 1553: 1552: 1550: 1549: 1544: 1539: 1534: 1529: 1524: 1519: 1513: 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815: 809: 808: 802: 800: 799: 792: 785: 777: 769: 768: 733: 695: 663: 632: 603: 572: 537: 506: 475: 446: 416: 385: 356: 324: 323: 321: 318: 317: 316: 309: 306: 305: 304: 303: 302: 296: 290: 284: 278: 266: 265: 264: 258: 235:hydro-electric 230: 227: 217: 214: 213: 212: 209: 206: 203: 192: 189: 183: 180: 171: 168: 139: 136: 113: 110: 50: 49: 43:September 2024 30: 28: 21: 13: 10: 9: 6: 4: 3: 2: 2008: 1997: 1994: 1993: 1991: 1976: 1975: 1966: 1964: 1963: 1954: 1953: 1950: 1944: 1941: 1939: 1936: 1934: 1931: 1929: 1926: 1924: 1921: 1919: 1916: 1914: 1911: 1909: 1906: 1904: 1901: 1900: 1898: 1896: 1892: 1886: 1883: 1881: 1878: 1877: 1875: 1871: 1865: 1862: 1860: 1857: 1855: 1852: 1850: 1847: 1845: 1842: 1840: 1837: 1835: 1832: 1831: 1829: 1825: 1819: 1816: 1814: 1811: 1809: 1806: 1804: 1801: 1799: 1796: 1794: 1791: 1789: 1788:Energy policy 1786: 1784: 1781: 1779: 1776: 1775: 1773: 1771: 1767: 1761: 1758: 1756: 1753: 1751: 1748: 1746: 1745:Corporate law 1743: 1741: 1738: 1736: 1733: 1731: 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810: 806: 798: 793: 791: 786: 784: 779: 778: 775: 758:on 2017-03-16 754: 750: 743: 737: 734: 723:on 2016-03-03 719: 715: 708: 702: 700: 696: 680: 673: 667: 664: 653:on 2017-03-03 649: 642: 636: 633: 621: 617: 613: 607: 604: 593:on 2017-02-24 589: 582: 576: 573: 558: 554: 547: 541: 538: 527:on 2017-02-24 523: 516: 510: 507: 496:on 2017-03-03 492: 485: 479: 476: 464: 460: 456: 450: 447: 435: 431: 430:Domain.com.au 427: 420: 417: 406:on 2017-03-03 402: 395: 389: 386: 374: 370: 366: 360: 357: 345: 341: 340: 335: 329: 326: 319: 315: 312: 311: 307: 300: 297: 294: 291: 288: 285: 282: 279: 276: 273: 272: 270: 267: 262: 259: 256: 253: 252: 250: 247: 246: 245: 242: 240: 236: 228: 226: 223: 215: 210: 207: 204: 201: 200: 199: 196: 190: 188: 181: 179: 175: 169: 167: 163: 161: 157: 153: 149: 145: 137: 135: 132: 130: 125: 124: 119: 111: 109: 107: 103: 99: 95: 94:Federal Group 90: 83: 78: 71: 67: 63: 59: 57: 46: 34: 29: 20: 19: 16: 1972: 1960: 1760:Reserve Bank 1541: 1228: 1137:Marinus Link 1134: 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Index

Tasmania

Western Tasmania
South West Tasmania

salmon
Federal Group
Incat
MyState Limited
Tassal
gross state product
ranking in 2015.
Hobart
China
Taiwan
Malaysia
the US
Japan
energy supply industry
hydro-electric
underwater power cable
Economy of Australia
"Tasmanian families fishing for rock lobster avoid pricey Christmas dinner - ABC News (Australian Broadcasting Corporation)"
Australian Broadcasting Corporation
Archived
"Tasmania's economy flying high, reveals latest MyState update"
Archived
"State accounts report 2015-2016"
the original
"Hobart property market: investors missing out"

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