Write An Essay On Australian Economy

Also you can’t forget tourism which is a huge contribution to Australia’s economy. With having millions of tourist each year the tourism has converted Australia to a vacation paradise with its sandy beaches and excellent foods visiting Australia is a one in a live time experience that you will never forget. Today it is said that approximately 5 to 6 million visit

The southern country of Australia is an extremely unique place, both culturally and geographically. It is the only place in the world that is both a country and a continent. It is the home to diverse populations of both humans and wildlife, with several endemic species. Australia also contains a wide variety of landscapes, with snowy mountain ranges, beaches, and the famous Australian outback. Many Australians greatly embrace the distinct qualities that define Australia. This has led to a large movement of Australian nationalism, where citizens are proud to be a part of the country. These people have often used the arts as an outlet to express the loyalty that they have for their country. As a result, multitudes of art and literature have been created over the years that illustrate Australian pride.

Did you know Australia use to be a big prison? Australia is the 6th largest continent. Australia is the only continent covered by a single country. In Australia there are more kangaroo’s than people. A person in Australia hasn’t died from a spider bite since 1987. The top ten deadliest snakes live in Australia. There are over 200 different languages which are spoken in Australia. This includes 45 languages, as well non-English languages like Greek, Italian, Cantonese, Vietnamese, Mandarin, and Arabic. A desert area known as the outback covers much of the land.

The Australian economy is playing a crucial role in terms of global economy. Based on the government’s analysis, Australia has been placed at the top 20 for the world’s largest economy. This caused a lot of economists to pay attention to Australia’s performance. Economists use macroeconomic objectives to analyse the national economy. This essay will focus on two macroeconomic objectives, how they are measured, and how they relate to each other. Furthermore, it will also discuss Australia’s performance over the past three years (2013-2015) and predictions concerning Australia’s performance in terms of these objectives in 2016.

Preview: Today we are going to talk about Australia’s wildlife, sports, celebrities, cuisine, history, and attractions.

Australia is located in the continent of Oceania, covers 7,682,300 square kilometers of land, and 58,920 square kilometers of water; making it the 6th largest nation in the world with a total area of 7,741,220 square kilometers (World Atlas, 2015). It inhabits approximately 24 million people as of 2015, which reflects an increase of 326,100 people since 2014. (Bureau of statistics, 2016). Australia is 92% Caucasian, 7% Asian, and 1% aboriginal/

The prices of these would also be lowered, encouraging purchases, therefore increasing profits and income of businesses and workers as a result. More employment opportunities would also be available as the related industries see widespread expansion. Overall, Australia’s economy would see an increase in GDP of between $4.1 to $6.4 billion by 2030 as a result, while the European Union would see an increase of approximately €4.9 billion ($8 billion). The multilateral agreement would also encourage European businesses to target Australian consumers, or even expand into the

Australians role in the Asia Pacific region is an important economic growth in Australia. The common trade began in 1989, and is creating a seamless regional economy. The purpose of trade is to ultimately provide the state with a unique set of opportunities and creates a greater understanding of employment and quality of living. Australia is known to provide the state with a set of opportunities.

Marcio Alaor relates that the economic crisis that hit the world hard back in 2008 had a resounding affect on all the developed countries. However, Australia is a totally different story. Economists across the world are turning their attention to the country and wondering what is their secret. In fact, data released showed that the countries economy grew by a tremendous 2.5 percent, while other countries experienced major downfalls in the economy. The surprising fact is that this is the countries 25th consecutive year without a recession. Alaor relates that the world went through an economic crisis in the nineties. Australia was still able to keep their economic system growing.

Since the colonisation of Australia in 1788, Australia 's links with the rest of the world were increased, especially in the aspects of trade. Historically, Australia 's top trading partners are located in Europe, but after the events of World War II, Australia has expanded its amount of trade partners, the nations it decides to trade with, and the commodities imported and exported. While trade can be highly beneficial, it has the potential to be detrimental to Australian society. An example of a trading link that Australia is currently involved in is the bilateral trade agreement between the US (AUSFTA).

Australia has so many fascinating sites and a unique terrain. One of the more popular sight to see,

From the near the cities to in the middle of deserts to out in the ocean. From being man made to being created by nature. Everyone of these places has a different shape, color, and size. Visited by people year long, the landmarks scattered across Australia are truly amazing sights to experience. Each with an interesting story to tell on how they came to be and why they are known as Australia’s greatest landmarks.

As a nation with global interests, Australia deals with many countries in many regions and one of

Australia: Australia is a self-governing country Western democracy with a population of more than 22 million. It is one of the world’s most developed countries. Australia’s life style reflects it’s mainly Western roots, but Australia is also a multicultural

Australia is a continent and a country as well actually it is the smallest continent in the world which lies between the pacific and Indian ocean. The land is very diverse as it ranges from the dry deserts to green rainforest. The capital of the city is Canberra and it is famous for its buildings in Sydney Harbor Bridge (Australia.gov.au, n.d.). Australia 's population according 2014 is 23.6 million with most populace states South Wales and Victoria. The temperature of the country is not harsh and it remains temperate almost whole year. The culture of the country is also diverse due to large number of immigrants in the country. Generally the culture of the country is warm, energized and motivate. There is no state religion in Australia but large religious groups in the country are Catholic, Anglican and Christian. The economy is growing very fast as its economy sustained during the 2008 financial crisis. The economy of Australia is market based and the industrialization and services are playing very important role in the growth of the economy (Infoplease.com, n.d.). On the other side there is China, which is very important country which is also one of the rapidly growing economies. The country is located in Asia and it is also the world most populace country as it the population is around 1.33 billion (ChinaHighlights, n.d.). The land of the country is also diverse as it has desserts, green lands, rivers, plains, basin and mountains. The climate of the country is temperate.