Australia’s Economy

637 Words2 Pages
bulb-icon

Recommended: Effects Of Global Warming On Agriculture

Australia is a stable, developed, democratic country even though it’s the
Smallest continent in the world. Australia has a mixed free market economy founded on agriculture, mining, and services. Australia has a strong economic trade with most of the Asia-Pacific countries. It lies between the Indian and Pacific Ocean.
Australia is in one of the fastest growing regions of the world. Its capital is Canberra and its largest city is Sydney. Australia has the population of 23 million people.

Australia’s agriculture has always been a major source of income for their people. Australia’s agriculture sectors earn more than $155 billion-a-year for a
12% share of GDP. Farmers and grazers in Australia own 136,000 farms that cover 61% of Australia’s land. In Australia there are three main farming zones.
The first zones are the high rain fall zone and the coastal zone these zones are used mostly for dairy and beef production. The second zones are the wheat and sheep zone and the grazing sheep zone these zones are used for growing winter crops and the production of wool, lamb, and mutton. The third zone is the pastoral zone it is used for grazing cattle and sheep and the production of wool and mutton. Australia’s major threat to agriculture are global warming.

On a global scale Australia wouldn’t be able to export as much beef as they do. It’s only because of their small population that allows a significant volume of beef to be exported yearly. Australia sells beef products to Korea, Japan, and
America. The beef industry in Australia is divided into two sections the northern and southern production systems. The reason they are divided into two systems is because different cattle breeds are inclined to different climate
c...

... middle of paper ...

...om.au/industry/agribusiness/assets/Australian-Beef-Industry-Nov11.pdf

Wikipedia, the free encyclopedia (9 December 2013 ) retrieved from http://en.wikipedia.org/wiki/Agriculture_in_Australia#Major_agricultural_products

Wikipedia, the free encyclopedia (27 December 2013) retrieved from http://en.wikipedia.org/wiki/Mining_in_Australia

The authors are from Economic Analysis Department. (March 2013)The Business Services Sector. retrieved from http://www.rba.gov.au/publications/bulletin/2013/mar/1.html Restaurant & Catering Australia. (April 2011) ONE IN FOUR THE PERSONAL SERVICES SECTOR retrieved from http://www.restaurantcater.asn.au/file.php?id=835&open=yes

Facts and figures (N.D.) retrieved from http://www.studyinaustralia.gov.au/global/why-australia/facts-and-figures

Top 10 Restaurants of Australia(2011) retrieved from
http://www.top10restaurants.com.au/

Show More
Related

  • The Impact of the Global Financial Crisis on the Australian Economy

    2888 Words  | 6 Pages

    Mid September 2008 saw a significant change for the Australian economy, with the collapse of the Lehman Brothers triggering the Global Financial Crisis. The Global Financial Crisis was characterised by a tightening in the availability of money from overseas markets and resulting in governments having to intervene to maintain market stability. The Australian economy and its leaders generated considerable discussion about the prospect of a global recession, while most expected the financial crisis would have a major impact on the Australian economy, a factor that was not considered was the immediacy of its effects. The December quarter of 2008, saw business stocks devalue by $3.4 billion, the largest fall on record. In addition, there was a considerable softening in property prices, resulting in many companies/people having too much debt vs. too little wealth. With this, consumer confidence plummeted which in turn deteriorated consumption. Throughout the month of September and into October, the financial crisis spread from the United States to Europe, and all around the global economy, with economies contracting in growth.

    Read More

  • The Australian Federal Government Budget

    2731 Words  | 6 Pages

    ... Australia's workforce, infrastructure, schools, hospitals & healthcare, helping families and low income earners, and investment into regional areas.

    Read More

  • The Sysco Company

    1086 Words  | 3 Pages

    In today’s world even with the economy suffering and individual income declining, the food industry is still up and running. Chain restaurants, mom and pop establishments, and fast food restaurants that are learning to market their products cheaper and more reasonable to the consumer are still going strong in the United States. They are offering healthier meals due to the consumer wanting to become healthier. They have their ups and downs like any business but are learning to give the consumer what they need and desire. That is the way restaurants keep their customer happy, by buying products from company like Sysco, Gordon’s Food Service, (GFS), and other restaurant suppliers. However; Sysco is the number one supplier to restaurants and hospitals, making them the most profitable company in the world (Sysco.com, 2011).

    Read More

  • Montane Cordillera Case Study

    671 Words  | 2 Pages

    3.Describe the general characteristics of this landform region. What is it like? Describe it. Is there anything special or unique the

    Read More

  • Peru

    4524 Words  | 10 Pages

    The coastal plain is an arid, elongated stretch of land extending the entire length of the country and varying in wild from about 65 to 160 km. (about 40 to 100 mi) it is a northern extension of the Tacoma Desert of Chile. The plain has few adequate harbors. Most of the desert is so dry that only10 of the 52 rivers draining the Andean slopes to the Pacific Ocean have sufficient volume to maintain the flow across the desert and reach the coast. However, the coast is the economic center of Peru. Most of the Nation’s leading commercial and export crops grow in the 40 oases of the region.

    Read More

  • The Minimum Wage For Restaurant Workers Must Be Raised

    1063 Words  | 3 Pages

    National Restaurant Association. 2013 Restaurant Industry Pocket Factbook. Rep. National Restaurant Association, 2013. Web. 30 Oct. 2014. .

    Read More

  • Cause Of Urbanization In Australia

    891 Words  | 2 Pages

    Over the last 20 years, the Australian economy has picked up as a result of imported skill labour. Australia offers a wide range of safe and relatively fair job opportunities. Lastly, basic education in Australia is free and universities offer a wide range of courses to accustom for the student’s abilities and desires.

    Read More

  • The Australian Labour Market

    776 Words  | 2 Pages

    The health of a labour market can be judged by levels of unemployment and changes in wage growth. Both of these issues come into play when The Australian Financial Review reports that the Australian labour market has tightened over the past twelve months and comments on predictions for the coming year.

    Read More

  • Economics of Haiti

    2353 Words  | 5 Pages

    "Australia." Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption. N.p., n.d. Web. 2 Dec. 2013. .

    Read More

  • Immigration to Australia

    2292 Words  | 5 Pages

    Australia is a unique country, and it has a long history of population growth due to

    Read More

  • Chad

    1328 Words  | 3 Pages

    broad, arid plains in the center, desert in the north, lowlands in the south and

    Read More

  • Gabon: An Example For All Of Africa

    1192 Words  | 3 Pages

    forests and is not arable. Only 1% of the land is arable The remaining land is

    Read More

  • Marketing Strategy For Australia

    1208 Words  | 3 Pages

    Australia has had one of the most outstanding economies of the world in recent years - competitive, open and vibrant. The nation’s high economic performance stems from effective economic management and ongoing structural reform. Australia has a competitive and dynamic private sector and a skilled, flexible workforce. It also has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses. For long time, Australia is a stable democratic country with strong growth, low inflation and low interest rate.(Ning)

    Read More

  • Chile Essay

    852 Words  | 2 Pages

    Because of its inspiring history, growing economy, mountainous geography, interesting people, powerful government, and strong military,

    Read More

  • McDonalds and Their Impact On Society

    1158 Words  | 3 Pages

    Editorial. Nations Restaurant News 11 Nov. 2005: n. pag. MasterFILE Premier. Web. 5 Mar. 2013.

    Read More

More about Australia’s Economy

Open Document