Economy of Australia

Australia is the only country that is also classified as a continent since it is surrounded by water and is a main continuous expanse of land. Furthermore, Australia has the necessary resources in order to be self-sufficient. While the majority of Australia’s land is not useful besides for tourist purposes such as visiting the beach or the Dundee to see the wild life. Thus, Australia relies on outside people coming in for its main source of income. Australia’s economy has been primarily focused…

The economy is all the activities related to making and distributing goods and services in a geographic area or country. It is made up of four stages: recovery, peak, recession, and trough. The recovery is when the economy is growing. The economy has been doing well and it is improving. The peak is the point at which the economy is robust. The economy has been growing for a while and it is at its highest point. The recession is when the economy is on a decline. After the economy has been peaked…

Australia, officially called Commonwealth of Australia, is located in Oceania. Australis is the world’s smallest continent (“Australia: About Australia”). The country comprises the mainland of the Australia continent, the island of Tasmania, and a good amount of small island. Australia is mostly low plateau with deserts but with fertile plain in southeast area. As a result of diverse topography, climate is generally arid to semiarid but humid in north and mild in south and east. The land mass of…

Political Australia as a politically stable, peaceful and prosperous nation, it has been ranked in the top 10 most political stability countries ahead of many major countries in the world (IMD World Competitiveness Yearbook 2011). A stable political environment that is increasingly important to local and international business to have their long-term business plan. On the other hand, this is attractive to existing as well as new business owners, moreover, as it will ultimately result in bring a…

Australia is in the South Pacific and the Indian Ocean. It is composed of the Australian continent, the island of Tasmania, and the overseas territories. Australia is in the southern hemisphere. Australia is located off the southeast coast of Asia, next to Russia, Canada, China, the United States, and Brazil. Its land is as large as about four-fifths of China. The coastline of 3,700 km has the Pacific Ocean to the East and the Indian Ocean to the West. It is also the only exclusive city state in…

also affect the amount of the tourists that choose to visit Australia (Jack Gordon, 2012). A low Australian dollar means that Australian citizens are more likely to travel and spend their money within Australia because it’s cheaper. International tourists are also more likely to travel to Australia when the AUD is cheaper because it is better value for money for them. This affects businesses because the more people who come to Australia the more potential customers they could…

Positive impacts include: o The expansion of regional business, investment links and add labour jobs due to the new skills offered by the migrants entering Australia. o Migrants bring new skills to the country such as the ability to speak foreign languages. These new skills can help boost communication between other countries and help people develop skills for working internationally. o Economic relations have been strengthened due to the addition of migration sources. o Migration raises…

There are many overseas-born people living in Australia who have migrated to seek a better life. The percentage of Vietnamese-born Australians as of June 2011 is 0.9%. Most Vietnamese migrants came to Australia after the Vietnamese war to live a better and safer life. Student migrants come to Australia to study and gain a better education to improve their quality of life. Part A: In 1975 many Vietnamese people migrated to Australia mainly because that was the year the Vietnam War ended. Before…

ID: GEC000007K Task 1 Examine the coastal exploration of Australia prior to 1778 1. New Zealand The Great Southern Land 2. Sea was dangerous the winds didn't always blow in the right direction for the sea travel and it was such a long way it was difficult to bring enough food and water. 3. Great southern land is a single released by the Australia rock band iceberg. Peaking at number five on the Australia singles chart. It was later featured in the 1988 Yahoo serious film yong…

Discuss the reasons put forth for the Federation of the Australian Nation. The nation of Australia formed in 1901 when the British colonies of New South Wales, Victoria, Western Australia, South Australia and Queensland voted to become one nation, Australia. The key reasons for the Federation being formed were to develop a single economy, improve defence capability, resolve concerns about Asian immigration and most importantly, in response to a growing awareness of a separate Australian identity…