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Thats what I dont understand, everybody says Newcastle's economy has drivers other than mining, etc. but in the link I posted Newcastle and Lake Macquarie has an unemployment rate of 9% which is the 6th worst in the state, only 1% better than the Hunter Valley. Guess what I'm getting at is, is...

Whats actually driving the growth in Newcastle ATM? I know interest rates are low but the Newcastle area has one of the highest unemployment rates in the state and the Hunter Valley is even worse, I would have though that alone would have restricted capital growth...