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Economy of Tamworth


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Tamworth is primarily a service centre for the New England and North West regions, providing services to a population of some 200,000 plus people from the Tamworth region and satellite areas. The retail industry is the biggest employer, followed by manufacturing and health services. The industries with the most number of businesses in order are property and business services, agriculture and construction, closely followed by finance and insurance services. With a diverse economy agriculture, education, transport and aviation are major industries.

Aviation

Aviation has been a significant part of the local economy, partly due to the city's exceptionally suitable flying weather, with the former East West Airlines and Eastern Airlines having had service and maintenance bases at the Tamworth Airport. The Tamworth airport is one of the 10 busiest airports in Australia and is an important centre for flying training activities defence force graduates, but training of civil aviation students has declined dramatically in recent years. The BAE Systems Flight Training College encompasses the flight screening course for all Australian Defence Force pilot applicants, Basic Flying Training School for the Australian Defence Force and the Republic of Singapore Air Force. The Australasian Pacific Aeronautical College and New England Institute of TAFE in the city also provide aeronautical training.

Agriculture

Agriculture is an important industry in the Tamworth economy. An estimated 307,000 hectares of land are used for the agricultural industry, with an economic gross value of $75 million contributing to the Tamworth economy. Important agricultural activities include beef, sheep, grain, dairy, poultry and lucerne. Other agricultural areas include alpaca, buffalo, berry, fish, goat, hydroponic, nut, olive, and specialised game fowl farming, as well as wineries. Offices for the Department of Agriculture and the Department of Infrastructure,
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