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Mining remains key to NSW regional economies despite downturn

With the decline in commodity prices, the mining sector’s contribution to the New South Wales economy has declined from A$13.6-billion in 2013/14, to A$11.3-billion in 2014/15.

The New South Wales Minerals Council this week reported in its latest Expenditure Survey that the A$11.3-billion of spending included A$2.7-billion in wages and salaries and A$7.3-billion on purchases of goods and services.