1. The Economy of Australia and Oceania Today

2. The Economy This region is remote, and the environment is challenging, the way people make their living is influenced by these factors

3. Agriculture ► #1 Economic Activity ► Australia- Stations  Giant ranches as large as 6000 Sq. Miles ► New Zealand-Graziers  Sheep  20x more livestock than people!

4. Agriculture Continued ► On Islands, Subsistence farming and fishing ► Rich Volcanic soil on some islands ► Copra-Dried Coconut meat ► Sugarcane, Cacao, Ginger

5. Mining and Manufacturing ► Australia: Leading Exporter of Diamonds, Gold, Bauxite, Opals, and Iron Ore  High Transportation Costs  Aboriginal Land Rights Limit where mining can occur ► New Zealand: Large aluminum smelting industry ► Papua New Guinea: Gold and Copper reserves recently discovered

6. Transportation

7. Transportation ► Australia and New Zealand have extensive Road Systems ► Few Roads in Australian Outback ► Road Trains ► Island countries are too small or too rugged or too poor for a good road system

8. Communications ► Geographic Conditions make Communications Difficult ► Cellular, Digital, and Satellite Communications are becoming common in some areas