Opinion article* published in The Newcastle Herald written by Scott Holmes, Professor of Public Policy at the University of Newcastle.
The economic impact of the resources sector is often debated, especially in areas like the Hunter, where there is a heavy reliance on the mining sector for our economic well-being.
However, in terms of benefit to the local community, does the mining industry stand the Hunter in better stead than other areas that rely on the non-mining sectors, or who have a more balanced mix of economic activity?
When commodity prices fall, as has occurred, and the Australian dollar remains strong – even parity with the US dollar is a strong position impacting on our international competitiveness – is the Hunter more exposed than other regions to the so called “mining boom”?
Read the full article in The Newcastle Herald.
* Opinion pieces represent the author’s views.