Australian Economy

Australian economy is competitive and stable.

Things are not cheap compared to most other countries, but the quality of living is high.


 
Close-Up of Buildings in City Centre, Brisbane, Queensland, Australia, Pacific
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Australia has strict trading regulations and stable financial institutions.

About 70% of the GDP (Gross Domestic Product) is made up by financial services, education and tourism. The stock market is the second largest in Asia - Pacific, after Japan.

Our most important trading partners are Japan, China, South Korea, New Zealand, US and UK.

Vast Fields of Ripening Wheat, Near Northam, West Australia, Australia, Pacific
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The most important exports are wheat, wool, ore minerals, coal and natural gas.

Crane in an Iron Mine, Port Hedland, Australia
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Mining is amongst the most profitable industries.

Fields of Sugarcane near Hervey Bay, Queensland, Australia
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In Queensland, sugar cane industry is big.


















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