It was declared the national anthem in Aprilreplacing God Save the Queen, which was designated the royal anthem. In the same year, Australia officially adopted green and gold as its national colours. Australian English does not differ significantly from other forms of English, although some colloquial and slang expressions are unique. The flag of Australia is the only one to fly over a whole continent.
Australia in Brief provides an authoritative overview of Australia's history, the land, its people and their way of life. It also looks at Australia's economic, scientific and cultural achievements and its foreign, trade and defence policies. The Australian mining corporations Rio Tinto Group and BHP are among the largest in the world. Australia's Argyle mine is the second-largest diamond mine in the world estimated to produce million carats in , worth over $ million.  Argyle is known for producing some of the world's most valuable pink and red diamonds. A BRIEF HISTORY OF AUSTRALIA. By Tim Lambert. Dedicated to Frederick Wilde. The First Convicts Transported To Australia. During the 17th century and 18th century European explorers reached Australia.
Australian settlement This section is missing information about something. Please expand the section to include this information. Further details may exist on the talk page.
As opposed to many neighbouring Southeast Asian countries, the process towards independence was relatively peaceful and thus did not have significant negative impact on the economy and standard of living.
Economic liberalisation[ edit ] From the early s onwards, the Australian economy has undergone intermittent economic liberalisation. Inunder prime minister Bob Hawkebut mainly driven by treasurer Paul Keatingthe Australian dollar was floated and financial deregulation was undertaken.
Early s recession[ edit ] Main article: Early s recession The early s recession came swiftly after the Black Monday of Octoberas a result of a stock collapse of unprecedented size which caused the Dow Jones Industrial Average to fall by This collapse, larger than the stock market crash ofwas handled effectively by the global economy and the stock market began to quickly recover.
But in North America, the lumbering savings and loans industry was facing decline, which eventually led to a savings and loan crisis which compromised the well-being of millions of US people. The following recession thus impacted the many countries closely linked to the USs, including Australia.
Paul Keating, who was prime minister at the time, famously referred to it as "the recession that Australia had to have.
The opportunities for large profits in pastoralism and mining attracted considerable amounts of British capital, while expansion was supported by enormous government outlays for transport, communication, and urban infrastructures, which also depended heavily on British finance.
As the economy expanded, large-scale immigration satisfied the growing demand for workers, especially after the end of convict transportation to the eastern mainland in Global financial crisis[ edit ] Further information:Exporting to Australia - Market OverviewAustralia - Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S.
market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements.
Australian Dollar. Because of the politically stable economy in Australia it has been one of the top traded currencies in the world, ranking 5 th. The Aussie economy offers high yielding interest rates which transitions to world money being invested in Australia.
Over the last year the AUD to USD has ranged between and Australia is located south of Asia, sitting in between the Pacific Ocean, the Indian Ocean, and the Southern Ocean.
That last one might be new to you; the Southern Ocean can be considered the. Australian Prehistory: Humans are thought to have arrived in Australia about 30, years ago. The original inhabitants, who have descendants to this day, are known as .
About Australia. Discover information about Australia and its people.
Here you’ll find out about our climate, holidays, events, statistics and our history and culture. Australia has consistently been a top performer in international assessments. The PISA results reveal that Australian students rank ninth in a field of 75 (34 OECD member countries and 41 partner countries and economies), and far outpace both the OECD average and the United States.