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Country Report

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  • Jan. 2013
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Australia Country Report
Many companies are planning to invest in Australia. The following is the country about Australia. Australian government is trying to devote themselves to a long term investment country. Australia has its special advantages on history, geography, culture, economic and environment. Introduction

Australia, officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. Australia lies in a hot continent and the hottest part of the planet are the tropical latitude. 39% of Australia lies in the tropic. It is the world's sixth-largest country by total area. The capital of Australia is Canberra. It has 7741000km^2 area. Largest city is Sydney. Australia is politically divided in to six states and two territories. Language is English. Australia’s population is 18 million. Aboriginal and Torres Strait Island people take about 1.5% of Australia’s population. A highly developed country, Australia is the world's 12th-largest economy and has the world's sixth-highest per capita income. Australia's military expenditure is the world's 13th-largest. With the second-highest human development index globally, Australia ranks highly in many international comparisons of national performance, such as quality of life, health, education, economic freedom, and the protection of civil liberties and political rights Australia is a member of the G20, OECD, WTO, APEC, UN, Commonwealth of Nations, ANZUS, and the Pacific Islands Forum. Economic Structure and Performance

1. Manufacture industry of Australia. It has some features as the following. First feature is concentration. Australian industry is highly concentrated, with 14 large national monopolies. Second feature is foreign investment. Australia manufacture relies heavily on foreign investment. Today Australia has a broad industrial base. It is able to produce manufactured goods ranging from fashion garments to...