Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia, particularly the gold rushes of the 1850s. Many different ores, gems and minerals have been mined in the past and a wide variety are still mined throughout the country.
Super Pit gold mine on Kalgoorlie's Golden Mile in Western Australia
Argyle Diamond Mine, 2007
Broken Hill, one of Australia's iconic mining towns, backed by the man-made mullock heaps from the Line of Lode
Drilling rig at the Area C iron ore mine, 95 km (59 mi) WNW of Newman, Western Australia.
Australia is a highly developed country with a mixed economy. As of 2023, Australia was the 14th-largest national economy by nominal GDP, the 19th-largest by PPP-adjusted GDP, and was the 21st-largest goods exporter and 24th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession. As of June 2021, the country's GDP was estimated at $1.98 trillion.
Sydney's central business district is Australia's largest financial and business services hub.