Australia

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‘Alone of all the races on earth, Australians seem to be free from the 'Grass is Greener on the other side of the fence' syndrome, and roundly proclaim that Australia is, in fact, the other side of that fence.’

Douglas Adams, British writer, March 1952–11 May 2001.

 

 

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Analysis

Analysis:

OVERVIEW AUSTRALIA

In terms of economic development, Australia has benefited from two benign factors: first, from the structural reforms made in the 1980s (some observers would say back as far as Prime Minister Gough Whitlam’s re-election in 1974) and secondly from continued demand from Asia and notably (by a long chalk) China, for Australia’s considerable mineral and energy resources. The continued strength of the mineral extraction sector has helped to fuel the mining boom which in turn had lead to the continued rise in value of the Australian dollar. But every silver lining (in this case the conservation of Australia’s triple-AAA status) had its downside. In this case,  for Australia’s crucial tourist industry, as well as its non-hydrocarbon exporters, this was the currency that had, since early 2009, risen by two-thirds against the American dollar.

To purchase your copy of the World of Information Overview and Profile of Australia: CLICK HERE

Profile

Profile:

AUSTRALIA PROFILE

In the space of 10 pages the Australia Profile covers the following:

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

To purchase your copy of the World of Information Profile and Overview of Australia: CLICK HERE

Key Facts

Key Facts:

Key Facts
Official name: Commonwealth of Australia
Head of State: Queen Elizabeth II (since 1952), represented by Governor General Sir Peter Cosgrove (from 28 Mar 2014)
Head of government: Prime Minister Malcolm Turnbull (ALP) (elected party leader in snap poll 14 Sep 2015, sworn in 15 Sep 2015)
Ruling party: Liberal-National (LN) coalition (from 7 Sep 2013)
Area: 7,682,300 square km
Population: 23.59 million (2014)*
Capital: Canberra
Official language: English
Currency: Australian dollar (A$) = 100 cents
Exchange rate: A$1.43 per US$ (Sep 2015)
GDP per capita: US$61,219 (2014)*
GDP real growth: 2.71% (2014)*
GDP: US$1,444.19 billion (2014)
Labour force: 12.38 billion (2014)
Unemployment: 6.07% (2014)*
Inflation: 2.49% (2014)*
Oil production: 448,000 bpd (2014)
Natural gas production: 55.30 billion cum (2014)
Balance of trade: US$323.00 million (2014)*
* estimated figure



















 

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