The Peel has a vibrant history, with European settlement dating back to the 1830s. The economy is predominantly based on mining and mineral processing, while agriculture, timber production, fishing, tourism and the equine industry also feature strongly. Mandurah is the residential and commercial centre of the region. The region is continues to be increasingly important as a mineral producing area. The main minerals are bauxite, gold and mineral sands.
Agriculture is based predominantly around dairy cattle, beef production, and orchard fruit.
The retail and service sector is continuing to increase its share of the state' s retail turnover. The region continues to be a favourite destination for people making day trips from the Perth metropolitan area and there is significant expenditure from tourists to the region. The world-class Mandurah Ocean Marina will cater for both professional and recreational boating and fishing enthusiasts. It will provide a range of accommodation surrounded by parks, promenades, beaches, shopping, restaurants and public amenities. The variety will enhance the recreation options for the enjoyment of visitors and local residents.