“Australia”, the beautiful continent surrounded by Pacific and Indian Ocean, has a myriad of potential for business and employment, and is viewed by the World as the “Land of opportunities”.
Though for its uniqueness of being the World’s smallest continent and the largest island, it is termed as an “Island Continent”, Australia ranks as the 6th largest country in the globe, yet, it is ranked 2nd in the world in terms of Average Wealth for 2013 and is one of the wealthiest countries, globally.
Officially called the Commonwealth of Australia, it is ranked as the world’s 12th largest Economy and is ranked as the country which has world’s 5th highest per capita GDP. This land of opportunities is reporting continuous economic growth for the last 23 consecutive years.
Agriculture and Dairy form an integral part of the Australian economy and 7% of World Dairy trade is accounted by Australia and is a host of nearly 140700 farms.
It is not just the wealth part of the spectrum, but Australia ranks high on the living condition and is considered as an attractive destination for people who wish to migrate to this country and settle there for their lifetime and for generations to follow.
Australia is ranked the No. 1 “Happiest country in the world” with Average household disposable income at $28,884, as per OECD Research Report. The living conditions and health care standards in Australia is vouched by the fact that it ranks high in longevity of people’s lives, with a higher life expectancy at almost 82 years. Not only that, Australia is also ranked number 2 in the world in Human Development Index, as per the 2014 Human Development Report by the UN Development Program.
The Australian geography is also unique with a vast area of 7617930 sq. Km. The land area is spread 4000 kilometers from East to West, 3200 kilometers from North to South. Though it is a large area, the Population is just 22.7 Million (as of October 2012) and hence is ranked the lowest in Population Density in the world.
With a 36735 kilometer long Coastline, Australia has the World’s largest Coral Reef, The Great Barrier Reef, which is a not only a tourist attraction but also has a rich treasure of marine resources.
With its geographical feature of an island continent, serene coastal lines, mountain ranges, beautiful landscapes, dry deserts in the centre etc. it experiences temperate weather. While Canberra is the capital city of the country, Sydney is ranked the largest city.
Australia ranks an important position in the global economy and policy-making of the global countries and is a Member of UN, Commonwealth of Nations, OECD, WTO, APEC, G20 and ANZUS.
