Australia
- just the facts
In
land area, Australia is the sixth largest nation after Russia, Canada,
China, the United States of America and Brazil. It has, however, a relatively
small population.
Australia
is the only nation to govern an entire continent and its outlying islands.
The mainland is the largest island and the smallest, flattest continent
on Earth. It lies between 10° and 39° South latitude.
The
highest point on the mainland, Mount Kosciuszko, is only 2228 metres.
Apart from Antarctica, Australia is the driest continent.
Australia
is the driest inhabited continent on earth. Its interior has one of
the lowest rainfalls in the world and about three-quarters of the land
is arid or semi-arid. Its fertile areas are well-watered, however, and
these are used very effectively to help feed the world. Sheep and cattle
graze in dry country, but care must be taken with the soil. Some grazing
land became desert when the long cycles that influence rainfall in Australia
turned to drought.
The
Australian federation consists of six States and two Territories. Most
inland borders follow lines of longitude and latitude. The largest State,
Western Australia, is about the same size as Western Europe.
Economy
Australia has had one of the most outstanding economies of the world
in recent years. As a high-growth, low-inflation, low interest rate
economy, it is more vibrant than ever before. There is an efficient
government sector, a flexible labour market and a very competitive business
sector.
With
its abundant physical resources, Australia has enjoyed a high standard
of living since the nineteenth century. It has made a comparatively
large investment in social infrastructure, including education, training,
health and transport.
The
Australian workforce has seen many improvements over the last decade,
leading to the surge in productivity in the 1990s. The complex and centralised
award based industrial relations system has given way to a more decentralised
one with many employees working under workplace agreements tailored
to meet enterprise needs.